Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.
WARREN BUFFETTNever depend on single income. Make investment to create a second source.
More Warren Buffett Quotes
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Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
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It takes 20 years to build a reputation and five minuted to ruin it. If you think about that you’ll do things differently.
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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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A public-opinion poll is no substitute for thought.
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People will always try to stop you from doing the right thing if it is unconventional.
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The most important quality for an investor is temperament, not intellect.
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It’s much easier to stay out of trouble now than to get out of trouble later.
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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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Beware of geeks bearing formulas.
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Stocks are the only thing that people are happy to buy when the price goes up.
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Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.
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Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.
WARREN BUFFETT