I think about this quote a lot too: I wont close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.
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Mr. Buffett's Advice Me Centered
He was so clever coming up with this too: Assiduity is the ability to sit on your ass and do nothing until a great opportunities presen...
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I think about this quote a lot too: We believe that a policy of portfolio concentration may well decrease risk if it raises, as it sh...
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I wonder what inspired this quote too: Successful Investing takes time, discipline and patience. No matter how great the talent or effo...
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Another quote I quite like from Mr. Warren Buffett is: I call investing the greatest business in the world … because you never have t...

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