The Rich Invest In Time, The Poor

Charlie And I Decided Long Ago That In An Investment Lifetime, It's Too Hard To Make Hundreds Of Smart Decisions. That Judgment Became Ever More Compelling As Berkshire's Capital Mushroomed And The Universe Of Investments That Could Significantly Affect Our Results Shrank Dramatically. Therefore, We Adopted A Strategy That Required Our Being Smart And Not Too Smart At That, Only A Very Few Times. Indeed, We Now Settle For One Good Idea A Year.

A Ceo's Behavior Has A Huge Impact On Managers Down The Line.

I Prefer Liquor Store Robbers With Hungry Kids To Companies That Locate Offshore To Avoid U.s. Taxes.

I Know What I Want To Do And It Makes Sense To Get Going.

Sound Investing Can Make You Very Wealthy If You're Not In Too Big A Hurry