109 books
—
22 voters
Investing
“
Understand
Your Investments...
Regularly
review your statements
and choose
a strong, independent custodian.
Incomprehensible explanations or
inconsistencies are huge red flags.
”
― Awaken Your Financial STAR: A Field Manual for Building Real Wealth in an Uncertain World
― Awaken Your Financial STAR: A Field Manual for Building Real Wealth in an Uncertain World
“
Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?
...more
”
― Buffett: The Making of an American Capitalist
― Buffett: The Making of an American Capitalist
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