I always knew I was going to be rich. I don't think I ever doubted it for a minute.

Warren Buffett

Stichwörter: doubt rich warren-buffett



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The modern spirit is a hesitant one. Spontaneity has given way to cautious legalisms, and the age of heroes has been superseded by a cult of specialization. We have no more giants; only obedient ants.

Roger Lowenstein

Stichwörter: spirit hero specialization warren-buffett



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Buffett was a billionaire who drove his own car, did his own taxes, and still lived in a home he had bought in 1958 for $31,500. He seemed to answer to a deeply rooted, distinctly American mythology, in which decency and common sense triumphed over cosmopolitan guile, and in which an idealized past held firm against a rootless and too hurriedly changing present.

Roger Lowenstein

Stichwörter: american capitalist warren-buffett



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Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As a friend [Charlie Munger] said, to a man with a hammer, everything looks like a nail.

Roger Lowenstein

Stichwörter: measurement meaningful warren-buffett academics charlie-munger



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Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?

Roger Lowenstein

Stichwörter: investing warren-buffett charlie-munger



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Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health or how many people love you, it lets you be in 'more interesting environments.

Roger Lowenstein

Stichwörter: money philosophy warren-buffett billionaire



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Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American.

Roger Lowenstein

Stichwörter: capitalism character business american capitalist warren-buffett



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Warren Buffett chuckled and said to me "I hope it's not my bad habits" Good Habits once established are just as hard to break as bad habits and bad habits are easier to abandon today than tomorrow. So what are you going to do about it?

Lucas Remmerswaal

Stichwörter: inspirational-quotes attitude habits warren-buffett



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You must really want to win with all of your heart! Plan your race; do not ever get side tracked. Focus on your goal - “the finishing line”!

Lucas Remmerswaal

Stichwörter: goals focus plan warren-buffett hare tortoise



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Good habits are the basic tools that will determine whether you are a tortoise
or hare in life!

Lucas Remmerswaal

Stichwörter: habits warren-buffett hare inspirational-success-failure tortoise



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