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What are the top quotes of warren buffet and some advice for investment in stock market ?



                   QUOTES

1)"Price is what you pay, value is what you get."

2)"The stock market is a device for transferring money from the impatient to the patient."

3)"If you don't find a way to make money while you sleep, you will work until you die."

4)"Risk comes from not knowing what you're doing."

5)"It takes 20 years to build a reputation and five minutes to ruin it."

6)"The best thing a human being can do is to help another human being know more."

7)"Success in investing doesn't correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble."

8)"The four most dangerous words in investing are: 'this time it's different.'"

9)"Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."

10)"It's only when the tide goes out that you learn who's been swimming naked."


                  ADVICE

Invest in what you understand: Buffett believes in investing in companies and industries that you understand and have a basic knowledge about. This way, you can make informed decisions and have a better understanding of the risks involved.


Focus on the long-term: Buffett believes in taking a long-term view of investing and not trying to time the market. He believes that the stock market is efficient in the long run and that patient investors will be rewarded.


Diversify your portfolio: Diversification is key to reducing the overall risk in your portfolio. Buffett believes in investing in a variety of companies and industries to spread out your risk.


Avoid debt: Buffett is a strong advocate for avoiding debt, especially in personal finance. He believes that debt can be dangerous and that it is best to invest in assets that appreciate in value over time.


Invest in companies with a competitive advantage: Buffett looks for companies that have a sustainable competitive advantage, such as a strong brand, valuable intellectual property, or a loyal customer base.


Buy low and sell high: Buffett believes in buying stocks when they are undervalued and selling them when they are overvalued. This requires patience and discipline.


Don't follow the herd: Buffett believes in making investment decisions that are based on your own research and analysis, rather than following the crowd. He believes that the majority of investors are often wrong, and it is important to have the courage of your convictions.


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