“He has a really consistent routine. He comes in in the morning at around 8:30. He reads five newspapers. He reads The Financial Times, The Washington Post, The New York Times, The Wall Street Journal, and The Omaha World Herald.… — Alice Schroeder Copy Share Image
“Lose money for the firm, and I will be understanding. Lose a shred of reputation for the firm, and I will be ruthless.” — Alice Schroeder Copy Share Image
“There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity… — Alice Schroeder Copy Share Image
“Be fearful when others are greedy, and greedy when others are fearful.” This was the time to be greedy.33” — Alice Schroeder Copy Share Image
“The big question about how people behave is whether they’ve got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard. I always pose it this way. I say: ‘Lookit. Would you rather be the world’s greatest lover, but have everyone think you’re the world’s worst lover? Or would you rather be… — Alice Schroeder Copy Share
“The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine,” Buffett said. “So if you had your choice, if you could put a hundred million dollars into a business that earns twenty percent on that capital—twenty million—ideally, it would be able to… — Alice Schroeder Copy Share
“Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have… — Alice Schroeder Copy Share Image
“He has a really consistent routine. He comes in in the morning at around 8:30. He reads five newspapers. He reads The Financial Times,… — Alice Schroeder Copy Share Image
“The modern Berkshire Hathaway that he had created churned out new beads for the rosary almost like a clockwork. Buffett’s hunt for things to… — Alice Schroeder Copy Share Image
“Who’s my most valuable client?’ And he decided it was himself. So he decided to sell himself an hour each day. He did it… — Alice Schroeder Copy Share Image
“Remember one thing, Warren: Money isn’t making that much difference in how you and I live. We’re both going down to the cafeteria for… — Alice Schroeder Copy Share Image
“You should never, when facing some unbelievable tragedy, let one tragedy increase into two or three through your failure of will,” he would later… — Alice Schroeder Copy Share Image
“Time is the friend of the wonderful business, the enemy of the mediocre.” — Alice Schroeder Copy Share Image
