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Investing is laying out money now to get more money back in the future.
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
You shouldn’t own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
Do a lot of reading. – on how to determine the value of a business
A great investment opportunity occurs when a marvellous business encounters a one-time huge, but solvable problem.
Buy companies with strong histories of pro tability and with a dominant business franchise.
Cash combined with courage in a time of crisis is priceless.
Always invest for the long term.
We don’t have to be smarter than the rest. We have to be more disciplined than the rest.
Risk comes from not knowing what you’re doing.