

Always invest for the long term.
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All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Sound investing can make you very wealthy if you're not in too big a hurry.
It is more important to say "no" to an opportunity, than to say "yes".
When investing, pessimism is your friend, euphoria the enemy.
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
Investing is laying out money now to get more money back in the future.
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