If past history was all there was to the game, the richest people would be librarians.
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Beware of geeks bearing formulas.
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Risiko berasal dari ketidaktahuan dari apa yang Anda lakukan.
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The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.
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I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
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We enjoy the process far more than the proceeds.
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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
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Jauh lebih baik untuk membeli perusahaan yang luar biasa dengan harga yang adil daripada perusahaan yang adil dengan harga yang luar biasa.
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Predicting rain doesn't count. Building arks does.