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Warren Buffett. When asked, he recommended that each individual stick to their area of special competence, and be very reluctant to stray. For when we stray too far, we get into areas where we don’t even know what we don’t know. We may not even know the questions we need to ask.
Rhiannon Beaubien • The Great Mental Models Volume 1: General Thinking Concepts
spent half his interest
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
« You never know who’s swimming naked until the tide goes out »
– Warren Buffet
Warren Buffett gets offered deals to buy companies, buy warrants, bail out banks, and do things other people can’t do because of his reputation. Of course, he has accountability on the line, and he has a strong brand on the line.
Tim Ferriss • The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
operated by trust companies and banks in many states; or, if his funds are substantial, use the services of a recognized investment-counsel firm.
Benjamin Graham • The Intelligent Investor, Rev. Ed (Collins Business Essentials)
Charlie Munger
Adrien • 1 card