"Berkshire buys when the lemmings are heading the other way. People would rather be promised a (presumably) winning lottery ticket next week than an opportunity to get rich slowly." - Buffett
Re: Crypto hype price chasers "Don't pursue any get-rich quick schemes. There are no shortcuts. NONE. The less money you have, the more likely someone will come at you with some scheme. … Please ignore them. Always remember this: If a deal is a great deal, they aren't going to share it with you. Successful investors don't broadcast deals & are skeptical of anyone who does. "I keep them all to myself. If the person selling the deal was so smart, they would be rich beyond rich rather than trolling the streets looking to turn you into a sucker. There are no shortcuts." ~ Mark Cuban
Self-made billionaire Warren Buffett agrees: "It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick." The golden rule of investing is to think long-term. The most successful investors, like Buffett, use the buy-and-hold strategy. ( Buffett started in MICROCAPS he called 'Cigar Butts'. ) "The money is made in investments by investing," Buffett told CNBC in 2016, "and by owning good companies for long periods of time. If they buy good companies, buy them over time, they're going to do fine 10, 20, 30 years from now."
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