"Buffett's methodology was straightforward, and in that sense……" — Roger Lowenstein
"Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?"
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Roger Lowenstein
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8 Quotes by Roger Lowenstein
Roger Lowenstein has 8 quotes on this site.
A few more worth reading:
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Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health…
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Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the…
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Buffett’s genius was largely a genius of character—of patience, discipline, and rationality.
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In seventy years, Russia’s Communists had not succeeded in dealing markets such a telling blow as did its deadbeat capitalists.
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The modern spirit is a hesitant one. Spontaneity has given way to cautious legalisms, and the age of heroes has…
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Buffett was a billionaire who drove his own car, did his own taxes, and still lived in a home he…
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Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As…
See all 8 quotes by Roger Lowenstein »
More Berkshire Quotes
This quote is filed under Berkshire Quotes,
one of 11 quotes in that category. Here are a few more:
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At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble,…
— Warren Buffett
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A lot of people think if you just had more process and more compliance -- checks and doublechecks and so…
— Charlie Munger
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My charitable donations go to educational efforts, such as Teach for America, Vanderbilt University, Berkshire School.
— Thomas Peterffy
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The very first stock I bought right out of college was Berkshire Hathaway.
— Christie Hefner
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When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.
— Warren Buffett
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I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve…
— Charlie Munger
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In 1945, peace broke out. It was the end of the Joke. Joke warfare was banned at a special session…
— Graham Chapman
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We were talking of DRAGONS, Tolkien and I In a Berkshire bar. The big workman Who had sat silent and…
— C.S. Lewis
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In middle school, my friends decided I was weird, and they didn’t like my hair. They ditched me and talked…
— Taylor Swift
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I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample…
— Warren Buffett
See all 11 Berkshire Quotes »
