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Andrew Carnegie - Always know every dollar coming in and going out of your business to get ahead. Always invest in technology where your competitors aren’t. Be delighted to learn. Successful older generations love mentoring younger generations.
His influence stemmed not from his 16 percent ownership stake but from twenty-five years of prophetic invention, strategic foresight, and disciplined management.
Brad Stone • Amazon Unbound
Warren Buffett (in 1994) on ignoring political and economic distractions:
“We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of
... See moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Investing - Portfolio Management
Warren Buffett • The Superinvestors of Graham-and-Doddsville
Warren Buffett: How To Find Economic Moats (2022)
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