"If you don't find a way to make money while you sleep, you will work until you die."
"[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening)."
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Source: Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.115, John Wiley & Sons
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