“Buffett gave two criteria for evaluating the performance of management: 1) How well do they run the business? and 2) How well do they treat the owners?”
Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting
“Out of stupidity or forgetfulness sometimes we may speak without thinking.
Perhaps it wasn't met
and suddenly people begin to assume you are a certain way.
Sad reality of life yes your are wrong but work on it, work on yourself so that you put your self in a position where no one would ever question or label you.”
Source: A Broken Woman: From a child that was loved dearly into a teen that has lost her strength
“Of course we receive payment from customers and clients for the value we provide. But we receive that payment in exchange for making their lives better in some way.”
“If you are going to be a lifelong buyer of food, you welcome falling prices and deplore price increases. So should it be with investments.”
Source: University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting
“The growing business of a company and the rising
price of the stock is just an iron-magnet combo.”
Source: STOCK MANTHAN : The Hunt for Multi-Bagger Stocks
“Equity market investments are not risky at all.
But people opt riskier ways to meet their goal
for wealth maximization through stocks, and
this results in wealth deterioration rather than
creation.
Either by investing directly in stocks or listing
their companies in the stock market, almost
every billionaire has been able to create
enormous wealth. Then how can the stock
market be risky? The path opted by retail
investors is often risky and not the market.”
Source: STOCK MANTHAN : The Hunt for Multi-Bagger Stocks
“Stocks aren't like a pair of shoes that go on sale but keep the same useful value. The value of stocks are based on their economic prospects, which change constantly.”
Source: Unbiased Investor: Reduce Financial Stress and Keep More of Your Money
“Zurück in Zürich, einer Welt, in der die komplizierte Maschinerie der globalen Finanzwelt summt, wo Deals geschlossen werden und Vermögen mit dem Auf und Ab der internationalen Märkte steigen und fallen.”
Source: Tage in Peru (Peruanische Dualität)
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.”
“Thank you. Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich. [...]
"But we have also," continued the management consultant, "run into a small inflation problem on account of the high level of leaf availability, which means that, I gather, the current going rate has something like three deciduous forests buying on ship's peanut." [...]
"So in order to obviate this problem," he continued, "and effectively revalue the leaf, we are about to embark on a massive defoliation campaign, and...er, burn down all the forests. I think you'll all agree that's a sensible move under the circumstances.”
Source: The Ultimate Hitchhiker’s Guide to the Galaxy