A Quote by Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget the first rule." I too believe that avoiding loss should be the primary goal of every investor. This does not mean that investors should never incur the risk of any loss at all. Rather "don't lose money" means that over several years an investment portfolio should not be exposed to appreciable loss of principal.
10 Rules for Being Human: Rule #1 - You will receive a body. Rule #2 - You will be presented with lessons. Rule #3 - There are no mistakes, only lessons. Rule #4 - The lesson is repeated until learned. Rule #5 - Learning does not end. Rule #6 - "There" is no better than "here". Rule #7 - Others are only mirrors of you. Rule #8 - What you make of your life is up to you. Rule #9 - Your answers lie inside of you. Rule #10 - You will forget all this at birth.
Right at the core, the mainstream has it backwards. Warren Buffett often quips that the first rule of investing is to not lose money, and the second rule is to not forget the first rule. Yet few investors approach the world with such a strict standard of risk avoidance.
There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point, complexity is fraud. You can apply that rule to left-wing social programs, but you can also apply that rule to credit derivatives, hedge funds, all the rest of it.
Truly wealthy people develop the habit of "getting rich slow" rather than "getting rich quick." To assure this, they have two rules with regard to money. Rule number one: Don't lose money. Rule number two: If ever you feel tempted, refer back to rule number one, "don't lose money."
The first rule is not to lose. The second rule is not to forget the first rule.
Wizard's Eleventh and Final Rule The "Rule Unspoken", the "Rule Unwritten", "The rule from the beginning of time.
The voice of Mr Bush and the voice of Mr Blair can't decide who shall rule in Zimbabwe, who shall rule in Africa, who shall rule in Asia, who shall rule in Venezuela, who shall rule in Iran, who shall rule in Iraq.
There are three rules for being in the Paper Route Illuminati. Rule number one: get the money first. Rule number two: don't forget to get the money. How do you make that money? You can't make money without making sacrifices.
The [Five Second Rule] has many variations, including The Three Second Rule, The Seven Second Rule, and the extremely handy and versatile The However Long It Takes Me to Pick Up This Food Rule.
Heinlein's Rules for Writers Rule One: You Must Write Rule Two: Finish What Your Start Rule Three: You Must Refrain From Rewriting, Except to Editorial Order Rule Four: You Must Put Your Story on the Market Rule Five: You Must Keep it on the Market until it has Sold
The big rule is that you must never get mixed up with a married man - never even look sideways at another woman's fella. Boy, I really was terrific at obeying that rule, wasn't I?
Rule, Britannia, rule the waves; Britons never will be slaves.
Regardless of what kind of film, the number one rule of comedy is to never take yourself too seriously and then the next rule is you can't have any self-consciousness, otherwise it kills the laugh, and that will never change.
You never date someone's ex-boyfriend. Period. That's not even the unspoken rule - that's the spoken rule.
Welcome to Fight Club. The first rule of Fight Club is: you do not talk about Fight Club. The second rule of Fight Club is: you DO NOT talk about Fight Club! Third rule of Fight Club: if someone yells “stop!”, goes limp, or taps out, the fight is over. Fourth rule: only two guys to a fight. Fifth rule: one fight at a time, fellas. Sixth rule: the fights are bare knuckle. No shirt, no shoes, no weapons. Seventh rule: fights will go on as long as they have to. And the eighth and final rule: if this is your first time at Fight Club, you have to fight.
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