The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

Warren Buffett

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I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.

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Our favorite holding period is forever.

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Ignore the stock market, ignore the economy, and buy a business you understand.

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The only value of stock forecasters is to make fortune tellers look good.

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Gold has two significant shortcomings, being neither of much use nor procreative.

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Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

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Bill GatesBusinessman