Quote by Daniel Pecaut Download Open image ““Munger noted the common error is not thinking through the consequences of the consequences.6”” — Daniel Pecaut ★ ★ ★ ★ ★ 4.8 out of 5 (8 ratings) Copy quoteShare
“If there are unforeseen and potentially disastrous repercussions to the rash acts of the ignorant, so too are there unanticipated consequences buried in works… — Chris Turner Copy Share Image
“Error, failure, and being wrong are central to our development. We just aren’t using them as much as we should…yet.” — Alastair Arnott Copy Share Image
"There’s no such thing as mistakes – only a lack of foresight. — Susan Elizabeth Phillips Copy Share Image
“All make mistakes but the important thing then should be, Learn from them and do not repeat them subsequently. [230] - 4 (Thoughts)” — Munindra (Munnan) Misra Copy Share Image
“The Council is wrong. Yet, observe that none of us will risk telling it so, for fear of the consequences.” — Mark Dunn Copy Share Image
“The errors of the policeman were no greater or careless or more egregious than mine. It’s just that my mistakes had comparatively little consequence.” — Poe Ballantine Copy Share Image
“There is almost no human action or decision that cannot be made to look flawed and less sensible in the misleading light of hindsight.… — Sidney Dekker Copy Share Image
“Buffett pointed out that when the investment tide goes out, you will see who has been swimming naked.” — Daniel Pecaut Copy Share Image
“If investors only had to study the past, the richest people would be librarians.” — Daniel Pecaut Copy Share Image
“the single biggest outcome of the Internet has been little understood: buyers are the winners.” — Daniel Pecaut Copy Share Image
“average college student has the same standard of living as he does. Same food. No important difference in clothes, cars, TVs.” — Daniel Pecaut Copy Share Image
“Buffett added that there is a big difference between identifying a growth industry and minting money. He noted that AT&T’s return on equity over… — Daniel Pecaut Copy Share Image
“After you have enough for daily life, all that matters is your health and those you love.” — Daniel Pecaut Copy Share Image
“To a question about what books to read, Munger replied that he is a biography nut and heartily recommended biographies as a way to… — Daniel Pecaut Copy Share Image
“the real key is to be able to figure out what the average profitability of the business will be over the long term and… — Daniel Pecaut Copy Share Image
“The right manager can have an absolutely huge impact. Find people with brains, energy and integrity,” — Daniel Pecaut Copy Share Image
“Tom Murphy, CEO of Capital Cities/ABC and considered by Buffett to be the best business manager in the country, prays every day to be… — Daniel Pecaut Copy Share Image
“There are essentially five things public corporations can do with a dollar earned: reinvest in the business, acquire other businesses or assets, pay down… — Daniel Pecaut Copy Share Image
“rather than worry about economic projections, these brilliant investors focus on finding good businesses at bargain prices within our resilient economy. On” — Daniel Pecaut Copy Share Image