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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Idiots
Idiot
Kinds
Creativity
Three
Kind
Imitators
People
Imitator
Innovators
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Benign neglect, bordering on sloth, remains the hallmark of our investment process.
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You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
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Let blockheads read what blockheads wrote.
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You need a lot of curiosity for a long, long time.
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