Smoking Securities

Half Baked High Finance

Quote Corner

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The first rule is not to lose. The second rule is not to forget the first rule.

– Warren Buffet (CEO Berkshire Hathaway, investor & philanthropist, b. 1930)

This cryptic advice from the Oracle of Omaha is easier preached than practiced. Works well with “let your winners run and cut your loses.”


Written by chucklesamadeus

March 16, 2009 at 1:49 pm

Posted in Quote Corner

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