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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Another quote I like from Mr. Buffett is: We select such investments on a long-term basis, weighing the same factors as would be involve...
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He was so clever coming up with this too: There comes a time when you ought to start doing what you want. Take a job that you love. Y...
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