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The best armor of old age is a well-spent life perfecting it.
Always take the high road, it's far less crowded.
The highest form that civilization can reach is a seamless web of deserved trust-not much procedure, just totally reliable people correctly trusting one another...
In my whole life, I have known no wise people...who didn't read all the time --none, zero.You'd be amazed at how much Warren reads --at how much I read...They think I'm a book with a couple of legs sticking out.
We're not interested in taking a substantial chance of taking a lot of very decent people back to 'Go' so we can have one more zero on our net worth.
It's waiting that helps you as an investor and a lot of people just can't stand to wait.If you didn't get the deferred -gratification gene, you've got to work very hard to overcome that.
To get what you want, you have to deserve what you want.That world is not yet a crazy enough place to reward a whole bunch of people.
