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“If it is important, do it every day. If it’s not important, don’t do it at all.”
― Never Let Go: A Philosophy of Lifting, Living and Learning
― Never Let Go: A Philosophy of Lifting, Living and Learning
“Warren Buffett, quoting Henry Ford, often talks about the importance of keeping all your eggs in one basket, then watching that basket very carefully. One thing that appalled me and that I’d seen too many times was the Wall Street practice of having many eggs in many baskets. Even the most reputable mutual fund companies have a practice of selling multiple funds. The ones that do well are those that then get the marketing dollars and raise more money from investors. The ones that do poorly are either shut down or merged into the better-performing funds. In the process, the failures are buried as if they’d never existed while”
― The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
― The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
“I like to say, “Experience is what you got when you didn’t get what you wanted.”
― The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor
― The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor
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