I wonder what inspired this quote too: Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
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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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I think about this quote a lot too: We believe that a policy of portfolio concentration may well decrease risk if it raises, as it sh...
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I hold this quote from Mr. Buffett dear to my heart as well: Honesty is a very expensive gift, dont expect it from cheap people.
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Another sage word from Mr. Buffett is: By the age of 10, Id read every book in the Omaha public library about investing, some twice. ...
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