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Is Management Rational?
-Warren Buffett
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Is Management Rational?
Warren Buffett
Is Management Rational?
Views: 8
Topic
Investing
Management
Rational
More From Warren Buffett
The Value Of Market Esoterica To The Consumer Of Investment Advice Is A Different Story. In My Opinion, Investment Success Will Not Be Produced By Arcane Formulae, Computer Programs Or Signals Flashed By The Price Behavior Of Stocks And Markets. Rather An Investor Will Succeed By Coupling Good Business Judgment With An Ability To Insulate His Thoughts And Behavior From The Super-contagious Emotions That Swirl About The Marketplace.
Investment Success
Advice
Succeed
I Would Say That An Rfc-like Thing Might Make Sense. I Probably Would Do It Myself. But I Don't Think Trying To Combine That With What's Going Through Now, I Think What Is Needed Now Is Liquidity.
Thinking
Trying
Might
Well, It May Be All Right In Practice, But It Will Never Work In Theory
Practice
May
Theory
The Financial Calculus That Charlie And I Employ Would Never Permit Our Trading A Good Night's Sleep For A Shot At A Few Extra Percentage Points Of Return. I've Never Believed In Risking What My Friends And Family Have And Need In Order To Pursue What They Don't Have And Don't Need.
Good Night
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Order
I'm Just Lucky To Have Been In The Right Place At The Right Time. Another Place, Another Time, I Wouldn't Have Been As Successful. Society Enabled Me To Make My Money And My Money Should Go To Society.
Successful
Lucky
Should
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