I think you should take this into consideration too: The most common cause of low prices is pessimism—some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. Its optimism that is the enemy of the rational buyer.
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Mr. Buffett's Advice Me Centered
He was so clever coming up with this too: Assiduity is the ability to sit on your ass and do nothing until a great opportunities presen...
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Another quote I quite like from Mr. Warren Buffett is: In a bull market, one must avoid the error of the preening duck that quacks bo...
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Another quote I quite like from Mr. Warren Buffett is: Weve long felt that the only value of stock forecasters is to make fortune tel...
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Another quote I quite like from Mr. Warren Buffett is: Imagine that you had a car and that was the only car youd have for your entire...
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