OT: Becoming Warren Buffett

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It was on HBO last night. Great doc about him and his life. Greatest money mind of all time..., but understanding life, love, and human needs, he was far far behind
 

Their undisputed masterpiece is "Hip to be Square.
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I jumped in about 30 mins in...

I was confused...was he still married? and had that girlfriend? and they were all friends?
 

I'm from the government and I'm here to help
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watched it. was pretty boring

brilliant man wired differently....

sounds like his kids are spoiled shits...basically they each run a foundation with daddy's money
 

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he's a different bird.

quotes;


“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”


“Risk comes from not knowing what you’re doing.”


“Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.”


“Do not save what is left after spending; instead spend what is left after saving.”


“Chains of habit are too light to be felt until they are too heavy to be broken.”


“The most important investment you can make is in yourself.”


“The difference between successful people and really successful people is that really successful people say no to almost everything.”


“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.”


“What we learn from history is that people don’t learn from history.”


“You need to divorce your mind from the crowd. The herd mentality causes all these IQ’s to become paralyzed. I don’t think investors are now acting more intelligently, despite the intelligence. Smart doesn’t always equal rational. To be a successful investor you must divorce yourself from the fears and greed of the people around you, although it is almost impossible.”


“Nothing sedates rationality like large doses of effortless money.”


“Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.”

(but, what if he bought her a flower?....dagone.......)





 

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I jumped in about 30 mins in...

I was confused...was he still married? and had that girlfriend? and they were all friends?

He had a damn good wife, but she died of cancer. Then he remarried I believe
 

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Jimmy Buffettwe$$$we$$$we$$$we$$$we$$$we$$$we$$$we$$$we$$$



 

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