Sunday, February 05, 2006

Patpourri

Berkshire Hathaway's greatest hits...

First, one from Charlie Munger, the Scottie Pippen of corporate America:


"Never wrestle with a pig, for if you do, both you and the pig will get dirty, but the pig will enjoy it."


And, my three favorite Buffettisms from the main man himself:


Reporter: "What keeps you awake at night?"

Warren: "I don't worry. We do the best we can. We don't predict currents--just how certain fish will swim in different currents."


"Risk comes from not knowing what you're doing."


"I know people will be drinking Coke, using Gilette blades and eating Snickers bars in 10 to 20 years, and have a rough idea of how much profit they'll be making. But I don't know anything about telecom."

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