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GOBankingRates
GOBankingRates
Choncé Maddox

What Warren Buffett’s ‘Never Lose Money’ Rule Means for Everyday Budgeting

Pavel Wolberg/EPA/Shutterstock

Warren Buffett has long been known for two rules: Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1. At first glance, “never lose money” sounds extreme. After all, some risk is unavoidable. 

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