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The most important attribute of a successful investor is behavior, not intelligence.
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The investment industry exists for one reason only: to transfer wealth from clients to itself. That's not cynicism — that's arithmetic.
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There are two kinds of investors, be they large or small: those who don't know where the market is headed, and those who don't know that they don't know.
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Once you've won the game, stop playing.
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Diversification is the only free lunch in investing. Everything else has a cost.