Stocks are the only thing that people are happy to buy when the price goes up.
WARREN BUFFETTOther guys read Playboy. I read annual reports.
More Warren Buffett Quotes
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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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If you cannot control your emotions, you cannot control your 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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In the business world, the rearview mirror is always clearer than the windshield.
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Chains of habit are too light to be felt until they are too heavy to be broken.
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It’s nice to have a lot of money, but you know, you don’t want to keep it around forever. I prefer buying things. Otherwise, it’s a little like saving sex for your old age.
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If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.
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Read 500 pages every day. That’s how knowledge works. It builds up like compound interest.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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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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If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.
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If a business does well, the stock eventually follows.
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Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1
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The most important thing to do if you find yourself in a hole is to stop digging.
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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.
WARREN BUFFETT