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#101 Warren Buffett (The Tao of Warren Buffett)

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Sinopse

What I learned from reading The Tao of Warren Buffett by David Clark and Mary Buffett.  --- [0:01]The more I heard Warren speak, the more I learned. Not only about investing, but about business and life.  [4:02] The great personal fortunes in this country weren’t built on a portfolio of fifty companies. They were built by someone who identified one wonderful business.  [5:45] It is impossible to unsign a contract, so do all your thinking before you sign.  [8:35] I don’t try to jump over seven-foot bars; I look around for one-foot bars that I can step over.  [14:27] The chains of habit are too light to be felt until they are too heavy to be broken.  [19:00] My idea of a group decision is to look in the mirror.  [22:14] When management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact.  [23:07] Managing your career is like investing—the degree of difficulty does not count. So you can save yourself money