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I have three boxes on my desk: In, Out, and Too Hard.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Boxes
Three
Hard
Desk
Desks
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In business, I look for economic castles protected by unbreachable 'moats'.
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Cultivate curiosity and strive to become a little wiser every day.
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If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
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In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
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I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.
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Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.
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My father was the best person i've ever known.
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Never risk what you have and need for what we don't have and don't need.
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Charlie and I have a number of filters that things have to get through before we'll think about them.
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