Being short and seeing a promoter take the stock up is very irritating. It's not worth it to have that much irritation in your life.
Charlie MungerWhy would you want to invest with a guy whose thought process says, "If a second layer of fees is good, then let's add a third layer.
Charlie MungerWe don't have an isolated group [of senior managers] surrounded by servants. Berkshire's headquarters is a tiny little suite. We just came back from Berkshire's board meeting; it had moved up to the board room of the Kiewit company and [it was so large and luxurious that] I felt uncomfortable.
Charlie Munger