Money and Finance
"There is nothing quite so useless, as doing with great efficiency, something that should not be done at all." -Peter F. Drucker
"We've got great flexibility and a certain discipline in terms of not doing some foolish thing just to be active -- discipline in avoiding just doing any damn thing just because you can't stand inactivity." -Charlie Munger
"There's no use running if you're on the wrong road." -Warren Buffett
- Jason Zweig: A Fireside Chat With Charlie Munger
Link to: A Fireside Chat With Charlie Munger I don’t love Ben Graham and his ideas the way Warren does. You have to understand, to Warren — who discovered him at such a young age and then went to work for him — Ben Graham’s insights changed his...
- Dr. Peter Drucker: Feedback: Key To Continuous Learning
A big, big thanks to Peter for passing this along. "Whenever a Jesuit priest or a Calvinist pastor does anything of significance (for instance, making a key decision), he is expected to write down what results he anticipates. Nine months later,...
- Keeping It Simple...
Quotes from the section on 'Simplification' in Seeking Wisdom - from Darwin to Munger by Peter Bevelin. "We have a passion for keeping things simple." -Charles Munger "It's amazing how many people even today use a computer to do something...
- So You Want To Be The Next Warren Buffett? How's Your Writing?
Great speech by Mark Sellers to Harvard MBAs.-- One thing I will tell you right off the bat: I'm not here to teach you how to be a great investor. On the contrary, I'm here to tell you why very few of you can ever hope to achieve this status.-...
- Some Questions On An Above Average Interesting 13-f Season
A great business less from Peter Drucker- it's amazing what you can achieve as a team if you don't care who gets the credit. A related theme for individual investors is - its amazing the ideas you can uncover if you don't mind cloning. This...
Money and Finance
Quotes on doing what matters...
"There is nothing quite so useless, as doing with great efficiency, something that should not be done at all." -Peter F. Drucker
"We've got great flexibility and a certain discipline in terms of not doing some foolish thing just to be active -- discipline in avoiding just doing any damn thing just because you can't stand inactivity." -Charlie Munger
"There's no use running if you're on the wrong road." -Warren Buffett
- Jason Zweig: A Fireside Chat With Charlie Munger
Link to: A Fireside Chat With Charlie Munger I don’t love Ben Graham and his ideas the way Warren does. You have to understand, to Warren — who discovered him at such a young age and then went to work for him — Ben Graham’s insights changed his...
- Dr. Peter Drucker: Feedback: Key To Continuous Learning
A big, big thanks to Peter for passing this along. "Whenever a Jesuit priest or a Calvinist pastor does anything of significance (for instance, making a key decision), he is expected to write down what results he anticipates. Nine months later,...
- Keeping It Simple...
Quotes from the section on 'Simplification' in Seeking Wisdom - from Darwin to Munger by Peter Bevelin. "We have a passion for keeping things simple." -Charles Munger "It's amazing how many people even today use a computer to do something...
- So You Want To Be The Next Warren Buffett? How's Your Writing?
Great speech by Mark Sellers to Harvard MBAs.-- One thing I will tell you right off the bat: I'm not here to teach you how to be a great investor. On the contrary, I'm here to tell you why very few of you can ever hope to achieve this status.-...
- Some Questions On An Above Average Interesting 13-f Season
A great business less from Peter Drucker- it's amazing what you can achieve as a team if you don't care who gets the credit. A related theme for individual investors is - its amazing the ideas you can uncover if you don't mind cloning. This...