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Buffett's success was not based on luck from "summary" of The Snowball by Alice Schroeder
Buffett's success was not a stroke of luck. He didn't just stumble upon his wealth by chance. Rather, it was a result of his tireless work ethic and unwavering dedication to his craft. Buffett didn't rely on luck to make his investment decisions; he meticulously researched and analyzed each opportunity before making a move. He understood that success in the stock market required more than just luck—it demanded keen insight, discipline, and patience. Buffett's success was built on a foundation of knowledge and experience. He spent countless hours reading financial reports, studying market trends, and learning from his mistakes. His deep understanding of the market allowed him to make informed decisions and avoid common pitfalls. Buffett's ...
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