he is the master... and here is some of his thinking and ideas!
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
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“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
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"Risk comes from not knowing what you're doing."
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“Wide diversification is only required when investors do not understand what they are doing.”
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“Wide diversification is only required when investors do not understand what they are doing.”
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"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
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"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
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“In the business world, the rearview mirror is always clearer than the windshield.”
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and...
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“You only have to do a very few things right in your life so long as you don't do too many things wrong.”
he is really the master!
“In the business world, the rearview mirror is always clearer than the windshield.”
.
.
and...
.
.
“You only have to do a very few things right in your life so long as you don't do too many things wrong.”
he is really the master!
2 comments:
I love the first rule! - simply because I always forget about rule no 1 lol :P
I admire that man :)
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