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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Another sage word from Mr. Buffett is: Over the long term, the stock market news will be good. In the 20th century, the United States e...
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Another quote I quite like from Mr. Warren Buffett is: Diversification is a protection against ignorance. It makes very little sense ...
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Another quote I quite like from Mr. Warren Buffett is: Keep all your eggs in one basket, but watch that basket closely.
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