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— Warren Buffett"Our approach is very much profiting from lack of change rather than from change."
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Our approach has worked for us. Look at the fun we, our managers, and our shareholders are having. More people should copy us. It's not difficult, but it looks difficult because it's unconventional - it isn't the way things are normally done. We have low overhead, don't have quarterly goals and budgets or a standard personnel system, and our investing is much more concentrated than average. It's simple and common sense.
— Charlie Munger
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Those from whom we were born have long since departed, and those with whom we grew up exist only in memory. We, too, through the approach of death, become, as it were, trees growing on the sandy bank of a river.
— Bhartrhari
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