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Time is the friend of the wonderful company, the enemy of the mediocre.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Business
Investors
Money
Generosity
Time
Investing
Life
Investment
Friend
Enemy
Omaha
Wonderful
Buffets
Company
Mediocre

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When you're associating with the people that you love, doing what you love, it doesn't get any better than that.
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Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.
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I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
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I get to do what I like to do every single day of the year.
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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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