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I have in my files an early National Cash Register company report in which Patterson described his methods and objectives. And a well-educated orangutan could see that buying into a partnership with Patterson in those early days, given his notions about the cash register business, was a total 100 percent cinch. And, of course, that’s exactly what an investor should be looking for. In a long life, you can expect to profit heavily from at least a few of those opportunities if you develop the wisdom and will to seize them. At any rate, surfing is a very powerful model.
Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
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