A Quote by Daniel S. Loeb
I love reading Warren Buffett's letters, and I love contrasting his words with his actions. He's a very wise guy.
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Actually, I bought one share of Warren Buffett's stock, probably 35 years ago, in order to read his letters.
Over the time that I followed Warren Buffett, one CFO told me, it's very important to pay attention not only to what Warren Buffett says and what he actually does - often there are subtle differences between the two.
I've never met him, but I love the simplicity with which Warren Buffett describes good and bad businesses and how he makes his investment decisions.
If Warren Buffett could change his mind about investing in airlines, Mohnish Pabrai could change his mind about investing in autos. Pabrai, who has modeled his investment career and fee structure after Buffett's original partnership, counts General Motors, Fiat Chrysler, and Ferrari in his highly concentrated portfolio.
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
I don't think Warren Buffett should be the treasurer or whatever. Warren Buffett's nuts! Just because he's a freaking billionaire doesn't mean he has common sense.
Warren Buffett pays taxes on a smaller percentage of his billions in income than his cleaning lady.
Samuel Beckett is the person that I read the most of - certainly the person whose books I own the most of. Probably 800 or 900, maybe 1,000 books of just Samuel Beckett. By him, about him, in different languages, etc. etc. Notebooks of his, letters of his that I own, personal letters - not to me, but I bought a bunch of correspondence of his. I love his humor, and I'm always blown away by his syntax and his ideas. So I keep reading those.
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.
I love the ground under his feet, and the air over his head, and everything he touches and every word he says. I love all his looks, and all his actions and him entirely and all together.
It was really phenomenal [Warren Buffett donation]. It grew out of the friendship that we had and the fact that his plan to have his wife run the foundation and give things away changed when she tragically died.
If a man withdraws his mind from the love of beauty, and applies it as sincerely to the love of the virtuous; if, in serving his parents, he can exert his utmost strength; if, in serving his prince, he can devote his life; if in his intercourse with his friends, his words are sincere - although men say that he has not learned, I will certainly say that he has.
We could not help contrasting the equanimity of Nature with the bustle and impatience of man. His words and actions presume alwaysa crisis near at hand, but she is forever silent and unpretending.
The love of letters is the forlorn hope of the man of letters. His ruling passion is the love of fame.
I want to have a tax on people who are making a million dollars. It's called the Buffett rule. Yes, Warren Buffett is the one who's gone out and said somebody like him should not be paying a lower tax rate than his secretary. I want to have a surcharge on incomes above $5 million.
In a man's letters you know, Madam, his soul lies naked, his letters are only the mirror of his breast, whatever passes within him is shown undisguised in its natural process. Nothing is inverted, nothing distorted, you see systems in their elements, you discover actions in their motives.
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