Contact
Privacy
Home
Latest
Oldest
Popular
Random
Home
»
Categories
»
warren-buffett
Category:
warren-buffett
Quotes of Category: warren-buffett
TOP TAGS :
sabbath
faulkner
writers-on-writing
best-motivational-speakers
my-sister-s-keeper
drinks
hot-sex
disguise
Roger Lowenstein
_
Buffett: The Making of an
Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American.
book-quote
business
character
capitalism
Roger Lowenstein
_
Buffett: The Making of an
Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health or how many people love you, it lets you be in 'more interesting environments.
book-quote
money
philosophy
warren-buffett
Roger Lowenstein
_
Buffett: The Making of an
Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?
book-quote
warren-buffett
investing
Roger Lowenstein
_
Buffett: The Making of an
The modern spirit is a hesitant one. Spontaneity has given way to cautious legalisms, and the age of heroes has been superseded by a cult of specialization. We have no more giants; only obedient ants.
book-quote
spirit
warren-buffett
specialization
Roger Lowenstein
_
Buffett: The Making of an
Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As a friend {Charlie Munger} said, to a man with a hammer, everything looks like a nail."
book-quote
meaningful
charlie-munger
measurement
Categories
book-quote (0.5m)
love (43k)
life (41k)
inspirational (29k)
philosophy (15k)
humor (15k)
god (14k)
truth (13k)
wisdom (11k)
happiness (10k)
About
Contact
Privacy
Terms of service
Disclaimer