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.”

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Written by chucklesamadeus

March 16, 2009 at 1:49 pm

Posted in Quote Corner

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