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Warren Buffett Quote - 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.

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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Absence Buy Content House Market Stock Market Understand

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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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Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.
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I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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Never be afraid to ask for too much when selling or offer too little when buying.
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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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If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.
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The rich invest in time, the poor invest in money.
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Diversification is protection against ignorance. It makes little sense if you know what you are doing.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
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Risk comes from not knowing what you’re doing.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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In looking for people to hire, you look for three qualities: integrity, intelligence, and energy.
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