I am a regular visitor to the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska. I don‘t go there because I hope that something magic rubs off, but because it is a lesson in sanity and clarity in thinking. I have now more than my fair share of Buffett or Munger quotes that I can instantly pull out of my memory and I wanted to share three of the less known ones that have helped me with my own thinking.
- If it ain‘t worth doing, it ain‘t worth doing well“
is Charlie Mungers way of saying that it is not worth going after too small opportunities.
- „I am a better businessman because I‘m an investor, and I am a better investor because I‘m also a business man“
has become a confirmation of my choice of profession.
- „I‘d rather pass on a fantastic opportunity, than lose one night‘s sleep over it“
– this one has helped me save more money than any book on investing.