The Value Of A Business

The Key To Life Is To Figure Out Who To Be The Batboy For.

Knowing The Edge Of Your Competency Is Important. If You Think You Know More Than You Do, You Will Get In Trouble.

Read 500 Pages Every Day. That's How Knowledge Works. It Builds Up Like Compound Interest.

When Berkshire Hathaway Laid Out Three Billion Dollars For Ge Today, We Didn't Spend It, We Invested It. When The Federal Government Buys The Mortgages, They're Not Spending It, They're Investing It. Now, They're Investing It In Distress Type Assets But They're Buying Them At Distress Prices If They Buy Them At Market. It's The Kind Of Stuff I Love To Do. I Just Don't Have 700 Million. Maybe We Could Go In It Together.

Larger Sums May Be An Advantage At Some Cases And A Disadvantage At Others.