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bar1080

03/22/24 2:28 PM

#2098 RE: gfp927z #2097

This somewhat obscure Buffett quote is one of my favorites:

"On my honeymoon I traveled out west. When I visited the casino and saw all these smart well-dressed people participating in a game with the odds against them, it was then that I realized I won't have a problem getting rich!."

"Meanwhile, others were placing money on bets guaranteed to lose. These weren't dumb people -- they had money to blow in Las Vegas, after all -- but they weren't playing to win. They were playing games of chance where they were almost guaranteed to lose."

https://www.fool.com/investing/general/2014/02/22/warrenbuffettgambling.aspx#:~:text=On%20my%20honeymoon%20I%20traveled,a%20defining%20moment%20for%20Buffett.