Minsuk Kang 강민석

The more labels you have for yourself, the dumber they make you.

We continue to ask the same questions that were asked by Plato, Machiavelli, Hobbes, and others. We may not accept their answers and it's very likely that we do not, but their questions are often put with a kind of unrivaled clarity and insight. The fact is that there are still people in the world, many people, who regard themselves as... See more

Please note particularly that we own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.

Constraints give your life shape. Remove them and most people have no idea what to do: look at what happens to those who win lotteries or inherit money. Much as everyone thinks they want financial security, the happiest people are not those who have it, but those who like what they do. So a plan that promises freedom at the expense of knowing what... See more