A Quote by Charlie Munger

I think the foundation at Berkshire [Buffett's stake in Berkshirewill pass to the Buffett Foundation upon his death] will be a plus because there will be a continuation of the culture. We'd still take in fine businesses run by people who love them.
Buffett gave significant portions of his wealth to the Bill and Melinda Gates Foundation. Buffett made money for 50 years before he donated.
President Obama likes to talk about the Buffett Rule. Well, here's a Buffett Rule that all Americans should be able to support: mom and pop businesses should not pay a higher tax rate than Fortune 500 corporations like Warren Buffett's.
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.
Take agriculture, where we haven't done much, or sanitation; saying, "okay, we will be able to make a really huge effort there." It really energized the foundation and half of what we've gotten done in this last decade is because Warren [Buffett] trusted us.
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.
Berkshire has the lowest turnover of any major company in the U.S.The Walton family owns more of Wal-Mart than Buffett owns of Berkshire, so it isn't because of large holdings. It's because we have a really unusual shareholder body that thinks of itself as owners and not holders of little pieces of paper.
A Marine knows that pride is the bedrock upon which he will lay the foundation of his life, and on that foundation he will build the structure by which the worth of his existence and the measure of his accomplishments will be judged.
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.
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.
Just because times change and alot of people think that dating multiple people is the thing these days, it just isn't a solid foundation at all in matters of the heart. I still believe in marriages that have a physically powerful foundation.
God is the foundation of all authority, He exercises that foundation because He is the author and the owner of His creation. He is the foundation upon which all other authority stands or falls.
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.
A foundation in Christ was and is always to be a protection in days "when the devil shall send forth his mighty winds, yea, his shafts in the whirlwind, yea, when all his hail and his mighty storm shall beat upon you." In such days as we are now in--and will more or less always be in--the storms of life "shall have no power over you... because of the rock upon which ye are built, which is a sure foundation, a foundation whereon if men build they cannot fall." (Helaman 5:12)
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.
If we don’t have the Word of God as the foundation of what we believe, we will have a faulty footing—it will not stand against the elements that will come against us. God has designed both our physical and spiritual lives to be ordered by one key attribute upon which the fruit of the Spirit is based—that foundation is love.
Much like Warren Buffett has said very famously - he doesn't buy technology stocks because he doesn't understand them- I will not buy consumer goods companies because I do not understand them.
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