"I read S-1s like other people read Playboy," laughed Buffett. "That’s what happens when you’re 80."| www.kingswell.io
All of the latest Warren Buffett and Berkshire Hathaway news!| www.kingswell.io
"If sin and folly get punished," said Munger, "we’re in for a hell of a punishment."| www.kingswell.io
All of the latest Warren Buffett and Berkshire Hathaway news!| www.kingswell.io
"Watchful waiting is painful if you’re action prone," said Charlie Munger. "Fortunately, I don’t believe in being too action prone in life."| www.kingswell.io
"Everybody can read what I read," said Warren Buffett. "It is a level playing field."| www.kingswell.io
“This all sounds simple,” said Li Lu, “but there are many cases in life where people violate common sense — and, indeed, every time it happens people pay a heavy price.”| www.kingswell.io
"There is nothing about the price action of the stock that tells you whether you should keep owning [it]," said Buffett.| www.kingswell.io