What Really Reflects Your Wealth: The Number or the Share?
A decade ago, I once ran into a young novice monk at a temple. He was a village farmer who had shaved his head to do od…
The most important complementarity in the world is between creating wealth and managing it.
Stocks that are out of stock are a very strong signal for investing in quality stocks.
If a person has no savings, it either means she spends too much or earns too little.
The former is consumerism; the latter is a capability problem.
Bezos asked Buffett, "Your investment system is so simple. Why don't others do the same thing?"
Buffett replied, "Because no one wants to get rich slowly."