We have often seen Mr Buffet's quotes being thrown left right center in all occasions, and it seems like his quotes are telling us a lot of things. But all his quotes actually fit into 3 main categories.
Don't anyhow invest - Stop doing stupid shit.
Chill - Stop predicting, thinking too much about share price movements
Generic advice about value - His not going to give you all his secrets
Out of the 3 categories, the one I like best is about telling people not to anyhow invest?
Why? Because we keep doing the same mistakes over and over again. Its all well and good to quote warren about how to make money (buy stocks below intrinsic value, economic moat bla bla bla), but most retail investors forget the 1st step of making money is not to lose it.
Here are my top 3 favorite quotes:
“The first rule is ......