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Favorite quotes
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- “Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”— Warren BuffettContext:On how to become a better investor, he pointed to a stack of annual reports.
- “If you're not confused, I don't think you understand.”— Charlie MungerContext:Regarding the economy's performance after the financial crisis.