Famous Quotes from Warren Buffett

1. "Intrinsic value is the discounted value of the cash that can be taken out of a business during its remaining life."

2. "The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company, and above all, the durability of that advantage."

3. "Be fearful when others are greedy, and greedy when others are fearful."

4. "Know your circle of competence."

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Source: ValueInvest.Wiki