There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people. If you go to 1982, when Forbes put on their first 400 list, those people had $93 billion. They now they have $2.4 trillion, 25 for one. That is - this has been a prosperity that's been disproportionately rewarding to the people on top.
Warren BuffettI mean, you may be very mad at some guy that walked away with a huge golden parachute, but that really isn't the important thing.
Warren BuffettYouโve gotta keep control of your time, and you canโt unless you say no. You canโt let people set your agenda in life.
Warren BuffettConsciously paying more for a stock than its calculated value - in the hope that it can soon be sold for a still-higher price - should be labelled speculation
Warren BuffettI have always cautioned partners that I considered three years a minimum in determining whether we were "performing".
Warren Buffett