Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
WARREN BUFFETTNever depend on single income. Make investment to create a second source.
More Warren Buffett Quotes
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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.
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It’s only when the tide goes out that you discover who’s been swimming naked.
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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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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.
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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.
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When you combine ignorance and leverage, you get some pretty interesting results.
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Money is not everything. Make sure you earn a lot before speaking such nonsense.
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Stocks are the only thing that people are happy to buy when the price goes up.
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The most important quality for an investor is temperament, not intellect.
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If past history was all that is needed to play the game of money, the richest people would be librarians.
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We don’t get paid for being busy, we get paid for being right.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.
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You don’t need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.
WARREN BUFFETT