“We don’t make investors more successful by giving them portfolios that pander to their fears. We don’t change the portfolio, we change the [...]
“A cynic is someone who knows the price of everything and the value of nothing.”
“The world into which we take this belief system will always regard it as not merely countercultural but counterintuitive. For the sake of [...]
It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.
Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbols to be bought or sold based [...]