"[Short-term traders] tend to do for the reputation of capitalism what the court of Louis XIV did for the reputation of the monarchy."| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
Celebrating the Oracle's milestone birthday with quotes, quotes, and more quotes!| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
"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!| Kingswell
"We can't predict," said Davis, "[but] we can prepare."| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
"You go out [into the world] with a winning hand," said Buffett. "That doesn't mean that every single day is perfect. The world isn't that way."| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| www.kingswell.io
All of the little (and big) details from Berkshire's latest 10-Q| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
"[Warren] considers the best argument to be a good example," said Schroeder, "and that’s what he means Berkshire Hathaway to be."| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
"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
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
"The best way to get what you want," said Charlie Munger, "is to deserve what you want."| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
"Everybody can read what I read," said Warren Buffett. "It is a level playing field."| www.kingswell.io
All of the latest Warren Buffett and Berkshire Hathaway news!| Kingswell
All of the latest Warren Buffett and Berkshire Hathaway news!| www.kingswell.io
"It’s certainly a peculiar example of one life," said Munger. "It’s interesting that a man who started out to be a lawyer ended up with an identity that’s more like a guru."| www.kingswell.io
"It’s basically a Confucian attitude," says Munger. "I think you have a moral duty to become as rational as you can."| www.kingswell.io
"There are very few CEOs who want to make their successor’s job easy," says Berkshire director Chris Davis, "that feel a sense of duty to their successor nearly as much as Warren and Charlie have."| 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
“Why go around trying to bet on things we don’t know,” asked Buffett, “when we can bet on the simple things?”| 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
“Charlie and I don’t like difficult problems. We’d rather multiply by three than by pi.”| www.kingswell.io
"I like to deal with people where I feel a one-page contract will do the job. If I [need] 50 pages in there to protect me against the guy I’m dealing with, I’ll always wonder whether I needed 51."| www.kingswell.io
"I say that 90% of investing is assigning yourself the right story. The reporting of it is fairly easy."| www.kingswell.io
"The whole trick in life is to get so that your own brain doesn’t mislead you."| www.kingswell.io
"You always want to be around people who are better than you are. They pull you in the right direction."| www.kingswell.io
"I always want to be able to look myself in the mirror and say that I’m reading enough weird stuff that nobody else is reading the same stuff that I am."| www.kingswell.io
"If you have ten good ideas in the rest of your life, you can afford to give away five of ‘em."| www.kingswell.io
"When Warren [Buffett] and I talk about stocks ... it’s 95-99% qualitative, qualitative, qualitative."| www.kingswell.io
