Question: Advice on business school? BUFFETT: Business schools not long ago used to teach a lot of nonsense about investing. MUNGER: They’re improving. BUFFETT: From a low base? MUNGER: Yes. BUFFETT: Business schools teach one fad after another in finance. It’s hard to resist. Going against the “received wisdom” of your bosses and elders is […]
Investing All intelligent investing is value investing; then acquire more than you are paying for. Investing is where you find a few great companies and then sit on your ass. Source: BRK Annual Meeting 2000 I said, “We know the edge of our competency better than most.” That’s a very worthwhile thing. It’s not a […]
The table below shows the performance of Buffett Partnership, a hegde fund Warren Buffett ran between 1956 and 1969.