- stock picking as a subdivision of the art of achieving worldly wisdom.
- You don’t have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time.
- Invert, always Invert！
- We both (Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.
- Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.
- The big money is not in the buying and selling, but in the waiting.
- Never, ever tell anyone about your problems, 90% of the people really don’t care. The other 10% are glad you have them.
- but as a larger collection of studies that would also include physics, biology, social studies, mathematics, philosophy, and psychology.
- A great business at a fair price is superior to a fair business at a great price.
