By Bill Davis

September 14, 2007


Buffett's Words of Wisdom

Some of my favorites:

  • “Never ask a barber if you need a haircut.”
  • “I don't try to jump over 7-foot hurdles: I look for 1-foot hurdles that I can step over.”
  • “When a management team with a reputation for brilliance joins a
    business with poor fundamental economics, it is the reputation of the
    business that remains intact.”
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