"If you don't find a way to make money while you sleep, you will work until you die."
"In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond."
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Source: 1997 Chairman's Letter, www.berkshirehathaway.com. February 27, 1998.
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