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Posted inWealth

The poor and the middle class work for money, while the rich have money work for them

The purpose of the margin of safety is to make an estimate of the future unnecessary
Posted inWealth

The purpose of the margin of safety is to make an estimate of the future unnecessary

When you buy a stock, you become an owner of a business
Posted inWealth

When you buy a stock, you become an owner of a business

Diversification is both protection against ignorance and a path to mediocrity
Posted inWealth

Diversification is both protection against ignorance and a path to mediocrity

Posted inWealth

You don’t need to be smart to get rich. You just need to be financially educated

Posted inWealth

The speculative public is incorrigible. In financial terms, it cannot be cured, only managed

Posted inWealth

The defensive investor’s chief aim is to avoid serious mistakes and losses

Posted inWealth

The stock market is filled with individuals who know the price of everything but the value of nothing

Posted inWealth

The function of the margin of safety is, in essence, that of rendering unnecessary an accurate estimate of the future.

Posted inWealth

You must never delude yourself into thinking that you’re investing when you’re speculating

Invest only if you would be comfortable owning a stock even if you had no way of knowing its price
Posted inWealth

Invest only if you would be comfortable owning a stock even if you had no way of knowing its price

Posted inWealth

The intelligent investor never forgets that stocks are not just numbers but pieces of a business

Posted inWealth

The wealth of the rich lies in their ability to turn information into action

The poor and middle class work for security, the rich build freedom
Posted inWealth

The poor and middle class work for security, the rich build freedom

In the 21st century, it’s not about what you own that counts, but what you can control
Posted inWealth

In the 21st century, it’s not about what you own that counts, but what you can control

If you want to be rich, you need to learn how to build assets, not work for money
Posted inWealth

If you want to be rich, you need to learn how to build assets, not work for money

Posted inWealth

Some people are so poor that all they have is money

Posted inWealth

Financial freedom is available to those who learn about it and work for it

Posted inWealth

The path to wealth is to learn how to make money work for you rather than you working for money

Posted inWealth

You either master money, or on some level, money masters you

Posted inWealth

In the world of money, being average means being broke

Posted inWealth

The more you have, the more you are afraid to lose.

Posted inWealth

Those who understand compound interest earn it; those who don’t pay it

Posted inWealth

The key difference between the rich and the poor is how they manage fear

The rich are rich because they buy assets first and let the assets buy luxuries later
Posted inWealth

The rich are rich because they buy assets first and let the assets buy luxuries later

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