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It's class warfare, my class is winning, but they shouldn't be.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Investing
Shouldn
Class
Winning
Buffets
Warfare
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When the brothel burns down, even the pretty girls have to run out.
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Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.
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If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.
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Investing is forgoing consumption now in order to have the ability to consume more at a later date.
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Honesty is a very expensive gift, Don't expect it from cheap people.
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What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
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