Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal … - Warren Buffett

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I'm not a negative-minded person. But maybe to keep me humble, I look more at my bad games in big situations than good ones.

Warren Buffett

Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.

Acquisition, Fairy Tale, Foolish, Justify, Naked, Projections

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

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The best investment you can make, is an investment in yourself. . . The more you learn, the more you'll earn.

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Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.

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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.

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To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

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