Janet Lowe

“Eventually, Charlie and Rick became fifty-fifty owners of a controlling block of stock in the company, with its management owning the rest. After some time passed, a situation arose where Guerin needed to cash out of the investment. "I still was very poor. We had an informal understanding that one would take the other out if either needed to get out. I went to Charlie and said I need to use that money elsewhere. He said fine, figure out what you want." Guerin looked over the accounting statements and thought about it. "I told him it was worth $200,000. Charlie said 'No, you're wrong about that.' I said to myself, Oh darn,' because I needed $200,000. He said, 'It's worth $300,000.' And he pulled out a check and wrote it. I would have been delighted with $200,000. I would have been the happiest man on earth. It was an opportunity for him to show me how stupid I was," Guerin said with a chuckle. "Charlie has a saying, 'Think about it a little more and you will agree with me because you're smart and I'm right.”
― Janet Lowe, Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger