“Bundy sternly tool his fellow endowment fund managers to task - not for being too bold, but for being insufficiently so:
We have the preliminary impression that over the long run caution has cost our colleges and universities much more than imprudence or excessive risk-taking.”
― Buffett: The Making of an American Capitalist
We have the preliminary impression that over the long run caution has cost our colleges and universities much more than imprudence or excessive risk-taking.”
― Buffett: The Making of an American Capitalist
“Wealth, like a tree, grows from a tiny seed. The first copper you save is the seed from which your tree of wealth shall grow.”
― The Richest Man in Babylon
― The Richest Man in Babylon
“By then there was a long and growing list of pundits who claimed they predicted the catastrophe, but a far shorter list of people who actually did. Of those, even fewer had the nerve to bet on their vision. It’s not easy to stand apart from mass hysteria—to believe that most of what’s in the financial news is wrong, to believe that most important financial people are either lying or deluded—without being insane.”
― The Big Short: Wie eine Handvoll Trader die Welt verzockte
― The Big Short: Wie eine Handvoll Trader die Welt verzockte
“He must pay his debts with all the promptness within his power, not purchasing that for which he is unable to pay,”
― The Richest Man in Babylon
― The Richest Man in Babylon
“A compact organization lets all of us spend our time managing the business rather than managing each other.”
― Buffett: the making of an American capitalist
― Buffett: the making of an American capitalist
Carlos’s 2024 Year in Books
Take a look at Carlos’s Year in Books, including some fun facts about their reading.
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