If you just work on stuff that you like and you’re passionate about it, … you don’t have to have some master plan for how things are going to play out. Mark Zuckerberg – American company founder: Meta, facebook et. al. (b. 1984), from an interview with Jessica Livingston for “Startup School” (October 16th, 2020)
I want to see good financial returns, but also to me there’s the extra psychic return of having my creativity and technological vision bear fruit and change the world in a positive way. Jeffrey P. “Jeff” Bezos – American company founder: Amazon (b. 1964)
The labour we delight in physics pain. William Shakespeare – English writer (1564-1616), in “Macbeth” 2nd act, scene 2 “Macbeth” (1623)
Charlie and I will limit ourselves to allocating capital, controlling enterprise risk, choosing managers and setting their compensation. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from the Berkshire Hathaway Annual Report 2009
A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from “Warren Buffett on Business: Principles from the Sage of Omaha” (2009)
Never is done tomorrow what is not done today. Johann Wolfgang von Goethe – German poet (1749-18329, from “Faust: Part One”, “Prelude on the Stage” (1808)
Marriage is the beginning and the pinnacle of culture. Johann Wolfgang von Goethe – German poet (1749-1832), from “Elective Affinities”, part one, chapter nine (1809)
The only things we can keep are the things we freely give to God. What we try to keep for ourselves is just what we are sure to lose. C. S. Lewis – British writer (1898-1963), from “Mere Christianity” (1952)
For the power of Man to make himself what he pleases means […] the power of some men to make other men what they please. C. S. Lewis – British writer (1898-1963), from “The Abolition of Man” (1943)
Those who keep learning will keep rising in life. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023), from his USC School of Law Commencement speech (May 13th, 2007)
One of the greatest ways to avoid trouble is to keep it simple. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023), at the “Wesco Financial” Annual meeting (2008)
Success means being very patient, but aggressive when it’s time. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023), at Berkshire annual meeting (2004)
You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023)
Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve. Charlie Munger –...
Never underestimate the man who overestimates himself. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023), at the Daily Journal annual meeting (February 12th, 2020)
The big money is not in the buying and selling, but in the waiting. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023)
We have three baskets for investing: yes, no and too tough to understand. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023)
Learning from the success and failure of others is the fastest way to get smarter and wiser without a lot of pain. Tren Griffin – American author and entrepreneur, Senior Director at Microsoft, from “Charlie Munger: The Complete Investor” (2015)
Rarely have I seen a situation where doing less than the other guy is a good strategy. James “Jimmy” Spithill – Australian yachtsman, 2010 and 2013 Americas Cup winner (b. 1979)