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LORD JESUS CHRIST SAYS

The thief comes only to steal and kill and destroy; I have come that they may have life, and have it to the full. “I am the good shepherd. The good shepherd lays down his life for the sheep.

28 Oct 2015

QUOTES OF WARRAN BUFFETT.

Hi friends, please read the following quotes from WARRAN BUFFETT.
Someone is sitting in the shade today because someone planted a tree along time ago.It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

Predicting rain doesn't count. Building arks does.
  We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

 Risk comes from not knowing what you're doing.


Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.  
 Price is what you pay. Value is what you get.

Chains of habit are too light to be felt until they are too heavy to be broken.  Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you.

Only when the tide goes out do you discover who's been swimming naked.

There seems to be some perverse human characteristic that likes to make easy things difficult. 
 Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: 'I'll buy a million dollars' worth of love.' But it doesn't work that way. The more you give love away, the more you get.
 The first rule is not to lose. The second rule is not to forget the first rule.
 When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
 I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.  I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.


In the business world, the rearview mirror is always clearer than the windshield.
vessels is likely to be more productive than energy devoted to patching leaks. 
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.  It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction. 
Good luck.                                                     See you later. 

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