Tell me who your heroes are and I’ll tell you how you’ll turn out to be.
WARREN BUFFETTSuccessful Investing takes time, discipline and patience.
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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Time is the friend of the wonderful company, the enemy of the mediocre.
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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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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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Never test the depth of river with both the feet.
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If you buy things you do not need, soon you will have to sell things you need.
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Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press.
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If a business does well, the stock eventually follows.
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If you cannot control your emotions, you cannot control your money.
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Never be afraid to ask for too much when selling or offer too little when buying.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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Never ask a barber if you need a haircut.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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Ignore the stock market, ignore the economy, and buy a business you understand.
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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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