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 sage word from Mr. Buffett is: Over the long term, the stock market news will be good. In the 20th century, the United States e...
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Another quote I quite like from Mr. Warren Buffett is: Diversification is a protection against ignorance. It makes very little sense ...
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Another quote I quite like from Mr. Warren Buffett is: Keep all your eggs in one basket, but watch that basket closely.
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