“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.”
Quote by Warren Buffett
Author
You May Also Like
Source: Memoir, correspondence, and miscellanies from the papers of T. Jefferson
Source: The Federalist
Source: The writings of Thomas Jefferson
Source: The Assault on Reason
Source: The Federalist, on the New Constitution, Written in the Year 1788
Source: Jeffersonian principles and Hamiltonian principles: extracts from the writings of Thomas Jefferson and Alexander Hamilton
Source: It Can Happen Here: Authoritarian Peril in the Age of Bush
“I hope we shall . . . crush in [its] birth the aristocracy of our monied corporations.”
Source: The Works of Thomas Jefferson: Correspondence and Papers, 1816-1826
