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— Warren Buffett"I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."
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Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
— Warren Buffett
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Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.
— Warren Buffett
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