Mar 06, 2025

10 Reasons Why you'll Never be Rich

Kuhu Verma

Impatient Investing

The stock market is designed to transfer money from the active to the patient.” -Warren Buffett.

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Living Beyond Means

“If you buy things you don’t need, soon you will have to sell things you need.” -Warren Buffett.

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Delayed Investment

“Someone’s sitting in the shade today because someone planted a tree a long time ago.” -Warren Buffett.

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Follow, not Lead

“Be fearful when others are greedy, and greedy when others are fearful.” -Warren Buffett

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Emotional Purchases

“The most important quality for an investor is temperament, not intellect.” -Warren Buffett.

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Educated but no Skill

"Anything you can do to develop your abilities or business will likely be more productive.” -Warren Buffett.

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Price over Value

“Price is what you pay. Value is what you get.” -Warren Buffett

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Overcomplicated Investments

"There seems to be some perverse human characteristic that likes to make easy things difficult.” -Warren Buffett.

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Discipline to Follow-through

Most investors lack consistency. They switch strategies frequently, chase performance, and abandon sound plans at the first sign of trouble.

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Ignoring Business Rules

“Only buy something that you’d be pleased to hold if the market shut down for 10 years.” -Warren Buffett.

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