Debashis Gupta

“Our job is merely to identify talented managers and provide an environment in which they can do their stuff.” -1990 letter”
― Mark Gavagan, Gems from Warren Buffett: Wit and Wisdom from 34 Years of Letters to Shareholders

“The profoundest and most excellent dispositions and orders seem very bad, and every learned militarist criticizes them with looks of importance, when they relate to a battle that has been lost, and the very worst dispositions and orders seem very good, and serious people fill whole volumes to demonstrate their merits, when they relate to a battle that has been won.”
― Leo Tolstoy, War and Peace

“We do not always remember the things that do no credit to us. We justify them, cover them in bright lies or with the thick dust of forgetfulness.”
― Neil Gaiman, American Gods

“Investors should pay more for a business that is lodged in the hands of a manager with demonstrated pro-shareholder leanings than for one in the hands of a self-interested manager marching to a different drummer.” -1984 letter”
― Mark Gavagan, Gems from Warren Buffett: Wit and Wisdom from 34 Years of Letters to Shareholders