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Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
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Omaha
Nebraska
Warren Edward Buffett
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I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.
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If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.
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