To Win, The First Thing You Have

... Not Doing What We Love In The Name Of Greed Is Very Poor Management Of Our Lives.

When Berkshire Hathaway Laid Out Three Billion Dollars For Ge Today, We Didn't Spend It, We Invested It. When The Federal Government Buys The Mortgages, They're Not Spending It, They're Investing It. Now, They're Investing It In Distress Type Assets But They're Buying Them At Distress Prices If They Buy Them At Market. It's The Kind Of Stuff I Love To Do. I Just Don't Have 700 Million. Maybe We Could Go In It Together.

Lethargy, Bordering On Sloth Should Remain The Cornerstone Of An Investment Style.

Investing Is Simple, But Not Easy.

Well, It May Be All Right In Practice, But It Will Never Work In Theory