Gems from Warren Buffett: Wit and Wisdom from 34 Years of Letters to Shareholders
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Kindle Notes & Highlights
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“Long ago, Ben Graham taught me that ‘price is what you pay; value is what you get.’ ”
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We would rather be approximately right than precisely wrong.”
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Charlie Brown’s advice: ‘No problem is so big that it can’t be run away from.’
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“No matter how great the talent or effort, some things just take time: you can’t produce a baby in one month by getting nine women pregnant.”
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“The most important thing to do when you find yourself in a hole is to stop digging.”
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“Ultimately, even the most optimistic manager must face reality.”
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“It's only when the tide goes out that you learn who's been swimming naked.”
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“There's no use running if you're on the wrong road.”