A Quote by Charlie Munger
We like our current shareholders and don't want to entice anyone to become one. It would help current shareholders to hear our CEOs [of the Berkshireoperating subsidiaries], but we promised them they could spend 100% of their time on their business. We place no impediments on them running their businesses. Many have expressed to me how happy they are that they don't have to spend 25% of time on activities they didn't like.
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Our current use of time is not rational. There is therefore no point in seeking marginal improvements in how we spend our time. We need to go back to the drawing board and overturn all our assumptions about time.
I would like to spend more time with my parents. I wish they could shift to Mumbai or I could go and spend time with them.
Who are businesses really responsible to? Their customers? Shareholders? Employees? We would argue that it’s none of the above. Fundamentally, businesses are responsible to their resource base. Without a healthy environment there are no shareholders, no employees, no customers and no business.
Shareholders are sort of like cats; they get herded around, and they follow the leader. With the exception of a few activist shareholders, there are a very rare number of big, important, influential shareholders that like to step up and say there's a problem here, especially when they're making money.
I spend so much time running around and traveling, being present in the current moment is good enough for me.
Do you think I could bear to live on after you died? Oh, Lyra, I'd follow you down to the world of the dead without thinking twice about it, just like you followed Roger; and that would be two lives gone for nothing, my life wasted like yours. No, we should spend our whole lifetimes together, good long busy lives, and if we can't spend them together, we... we'll have to spend them apart.
Away from football, it is just family. I try to spend time with my kids - I have to spend a lot of time away, so every time I am at home, I like to spend time with them.
I used to like people more, but now I have children and that changes your life in a lot of ways. Like you spend time with people you never would have chosen to spend time with, not in a million years. I spend whole days with people, I'm like, "I never would have hung out with you. I didn't choose you. Our children chose each other based on no criteria by the way. They're the same size. They don't care who they make me hang out with."
I want people to help take care of each other at work. That's what I want. Do you know how many hours we spend at work? We spend more time at work than we spend at home. When people are suffering, we don't help enough.
People need to understand: Businesses are going to make mistakes. They shouldn't be shot and hung every time. We should apologize for it. We should make up for it. My shareholders paid for it. No customer was hurt, which is critical to me. But I hurt my shareholders, and I wish I hadn't.
Christmas is a really special day since I support the initiative 'Helping Hands' and I celebrate Christmas with the kids there. I take them to a place they would enjoy, like a hotel or fun zone and spend time with them as we play together and I become Santa for them.
I spend a lot of time on college campuses, a lot of time mentoring young women in all sectors of business, because I don't want them to spend as much time to get their voice as I did.
I like to spend time with my family. The majority of my time is spent in London, but I do like to escape and spend time with them in my hometown of Brighton on the south coast.
Nobody is in their right to tell anybody how to spend their free time. If you like to spend it with your family or your kids, fantastic. If you want to spend it with your girlfriend, great. If you want to spend it doing charitable work, great. If you want to spend it through endorsements and marketing stuff, great.
Money, financial matters were to help people, to help them survive, not to have a bigger house or a bigger car and that sort of thing, because I hear that from so many kids, they often don't know why their father won't spend more time with them.
Some people spend their whole lives looking for themselves, yet our self is the one thing we surely cannot lose (how like a cheap philosopher I am become, staying in this benighted place). From the moment we are conceived it is the pattern in our blood and our bones are printed through with it like sticks of seaside rock. Nora, on the other hand, says that she’s surprised anyone knows who they are, considering that every cell and molecule in our bodies has been replaced many times over since we were born.
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