Tuesday, September 23, 2008

Buy for life

"You don't trade in houses, children and wives every year, so why trade companies around? I want to have fun with the companies, see them grow and develop. I want to have fun with the companies, see them grow and develop. And also, I want to enjoy life. I can't understand the Carl Icahn's, Victor Posner's and Ted Turner's of the world. In the end all my money is going to charity. So it's crazy to live by being in uncomfortable situations, or being unpleasant towards others. What's the difference anyway, if the Buffett Foundation is worth X or 2X at the end?"

[Warren Buffett in Anagnos thesis, 1986]

No comments: