May 21, 2012

My three favourite Buffett & Munger quotes.

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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.

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Stephan Uhrenbacher

Coach for entrepreneurs, founder, speaker and author

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