No subscription or hidden extras
Read through the most famous quotes by topic #buffet
Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life? ↗
Creativity is not so much a boundless well, but an all-you-can-eat buffet of elements for your creative endeavor. Eventually you've eaten your fill, and it's time to digest and then make something. But at some point, it will be time to return to the restaurant. ↗
#create #creating #creativity #digest #food
It's really a question of fairness and what kind of country we're going to live in. There are 22,000 people making over $1 million. They're paying an effective tax rate in the teens. As Warren Buffett said, he pays less in taxes effectively than his secretary does. That's not right. ↗
Warren Buffett chuckled and said to me "I hope it's not my bad habits" Good Habits once established are just as hard to break as bad habits and bad habits are easier to abandon today than tomorrow. So what are you going to do about it? ↗
Buffett was a billionaire who drove his own car, did his own taxes, and still lived in a home he had bought in 1958 for $31,500. He seemed to answer to a deeply rooted, distinctly American mythology, in which decency and common sense triumphed over cosmopolitan guile, and in which an idealized past held firm against a rootless and too hurriedly changing present. ↗
