His mind produced this as well: I dont have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. Its like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I dont do that though. I dont use very many of those claim checks. Theres nothing material I want very much. And Im going to give virtually all of those claim checks to charity when my wife and I die.
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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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