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Invest in businesses any idiot could run, because someday one will.

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Avoid hot stocks in hot industries.

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Time is on your side when you own shares of superior companies.

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A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.

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A stock market decline is as routine as a January blizzard in Colorado. If you’re prepared, it can’t hurt you.

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If you can’t find any companies that you think are attractive, put your money in the bank until you discover some.

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Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.

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I don’t know anyone who said on their deathbed: ‘Gee, I wish I’d spent more time at the office.

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Charts are great for predicting the past.

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When you sell in desperation, you always sell cheap.

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