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Friday, 11/07/2014 5:05:58 AM

Friday, November 07, 2014 5:05:58 AM

Post# of 347753
A Warren Buffet Quote

I was reading an article today and thought of MINE immediately.

It is absolutely important to understand the relative price you are paying for that business, but what isn't important is attempting to understand whether you're buying in at the "right time," as that is so often just an arbitrary imagination.

In Buffett's own words, "If you're right about the business, you'll make a lot of money," so don't bother about attempting to buy stocks based on how their stock charts have looked over the past 200 days. Instead always remember that "it's far better to buy a wonderful company at a fair price."

$MINE