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Quotes from Warren Buffet - the world's greatest investor

Have a philosophy "RULE NUMBER ONE: NEVER LOSE MONEY. RULE NUMBER TWO: NEVER FORGET RULE NUMBER ONE."

Buffet on Wall Street " Wall street is the only place that people ride to work in a Rolls Royce to get advice from those who ride the subway."

Buffet on investing "All there is to investing is picking good stocks at good times and staYING WITH THEM AS LONG AS THEY REMAIN GOOD STOCKS."

How much attention does Buffet pay to the recommendation of brokers? "Never ask the barber if you need a haircut".

Know the difference between price and value. "Price is what you pay. Value is what you get."

"I consider there to be three basic ideas, ideas that if they are really ground into your intellectual framework, I don't see how you could help but do reasonably well in stocks. None of them are complicated. None of them take mathematical talent or anything of the sort. Ben Graham said "you should look at stocks as small pieces of businesses".

Look at market fluctuations as your friend rather than your enemy - profit from folly rather than participate in it and in the last chapter of the intelligent investor he said the three most important words of investment "margins of safety". I think those ideas, a hundred years from now, will still be regarded as the three cornerstones of sound investing."