Rule no. 1: Never lose money. Rule no. 2: Never forget rule number 1.
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Take note of these great quotes by Warren Buffett on Investing!
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The idea is part of this collection:
Learn more about moneyandinvestments with this collection
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If you work from a loss, it's much harder to get back to where you started, not to mention earn gains.
• Rule number one: most things will prove to be cyclical.
• Rule number two: some of the greatest opportunities for gain and loss come when other people forget rule number one.
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