“For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.”
Quote by Warren Buffett
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“Buy companies with strong histories of profitability and with a dominant business franchise.”
“Money is not everything. Make sure you earn a lot before speaking such nonsense.”
Source: Warren Buffett on Business: Principles from the Sage of Omaha
“Diversification may preserve wealth, but concentration builds wealth.”
