We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
Warren BuffettI've learned mainly by reading myself. So I don't think I have any original ideas. Certainly, I talk about reading Graham. I've read Phil Fisher. So I've gotten a lot of my ideas from reading. You can learn a lot from other people. In fact, I think if you learn basically from other people, you don't have to get too many new ideas on your own. You can just apply the best of what you see.
Warren BuffettI do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
Warren BuffettYou get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.
Warren BuffettWhat an investor needs is the ability to correctly evaluate selected businesses. Note that word โselectedโ: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
Warren Buffett