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Warren Buffett: Watch the playing field

Pictograms of Olympic sports - Baseball. This ...

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Warren Buffett speaking to a group of students...Image via Wikipedia

“It’s true, of course, that, in the long run, the scoreboard for investment decisions is market price. But prices will be determined by future earnings. In investing, just as in baseball, to put runs on the scoreboard one must watch the playing field, not the scoreboard.” Warren Buffett

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