memo

Cora 2022-04-22 07:01:54

1. You're gonna get one body and one mind and that's all you're going to get. And that body and mind feels terrific now, but it has to last you a lifetime.

2.Rule number one, never lose money.Rule number two, never forget rule number one

3.Stay within your circle of competence. Do not worry about the things that are outside that circle.

4.Defining what your game is, where you're going to have an edge is enormously important.

5.If you're emotional about investment, you're not going to do it well.

6.It's kind of crazy to spend your life painting, if you're painting a subject you don't want to look at. I've gotten to paint my own painting in business on an unlimited canvas in a way.

7.Focus

If I get interested in something, I get really interested. (Thinking of what Ray Dalio wrote, If I'm interested in something, nothing could hold me back)

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Becoming Warren Buffett quotes

  • Susan Buffett: There are two rules of investing according to Warren, and he learned this from Ben Graham.

    Warren Buffett: Rule number one, never lose money. Rule number two, never forget rule number one.

  • Susan Buffett: I was talking to him one day about some racial issue, and he said to me, "wait till women discover they're the slaves of the world." Now how many men were cognizant of that, and even women then?