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Buffett remained committed to his principles from "summary" of The Snowball by Alice Schroeder
Throughout his life, Warren Buffett never wavered in his dedication to his core principles. These principles were not just a set of arbitrary rules to him; they were the foundation upon which he built his entire investment philosophy. Even as he achieved immense success and faced numerous challenges, Buffett always relied on these principles to guide his decisions. One of the key principles that Buffett adhered to was the idea of value investing. He believed in buying stocks that were undervalued by the market – that is, stocks that were trading for less than their intrinsic value. This approach allowed him to capitalize on opportunities that others might overlook, and it served him well throughout his career. Another principle that Buffett held dear was the concept of long-term thinking. While many investors were focused on short-term gains, Buffett took a more patient approach. He was willing to hold onto investments for years, even decades, if he ...
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