Celebrating Your Way of Life
As I continued through Cicero’s pages, I found much more material celebrating my way of life.
Related Topics: celebrating, Cicero's, continued, found, life, material, way, way of life Your Thoughts Construct Patterns
Your thoughts construct patterns like scaffolding in your mind. You are really etching chemical patterns. In most cases, people get
Related Topics: chemical, construct, etching, get stuck, mind, patterns, scaffolding, stuck, thoughts The Best Thing That Ever Happened
I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could
Related Topics: Apple Computer, best thing, fired, getting fired, happened, see Boating Enthusiasts
If you boat a lot, you’re known as a boating enthusiast. I like to boat, but I just don’t want
Related Topics: boat, boating, boating enthusiast, enthusiast When You Don’t Love Something
If you don’t love something, you’re not going to go the extra mile, work the extra weekend, challenge the status
Related Topics: challenge, extra, extra mile, if, love, something, status quo, weekend, work David vs. Goliath
It is hard to think that a $2 billion company with 4,300-plus people couldn’t compete with six people in blue
Related Topics: billion, blue jeans, compete, hard, people, six, think Simple Ideas
Our ideas are so simple that people keep asking us for mysteries when all we have are the most elementary
Related Topics: elementary, ideas, mysteries, simple Soliciting Public Pledges
This is why organizations solicit public pledges. Hell, it’s the reason for the marriage ceremony.
Related Topics: ceremony, marriage, marriage ceremony, organizations, pledges, public, solicit, why Fit to Hold Office
No man is fit to hold office who isn’t perfectly willing to leave it at any time.
Related Topics: fit, hold office, leave, man, time, willing A Board Member’s Duties
A board member should be perfectly willing to leave at any time and willing to make the tough calls.
Related Topics: board member, calls, leave, perfectly, time, tough, tough calls, willing Go After New Ideas
Never let go of your appetite to go after new ideas, new experiences, and new adventures.
Related Topics: adventures, appetite, experiences, ideas, let go, never, new, new adventures, new experiences, new ideas Answering Questions
In my life there are not that many questions I can’t properly deal with using my $40 adding machine and
Related Topics: adding machine, compound interest, compound interest table, deal, dog-eared, forty, life, properly, questions Avoid Mediocre Opportunities
I didn’t get to where I am by going after mediocre opportunities.
Related Topics: going after, mediocre, opportunities Free Market Ecosystem
I find it quite useful to think of a free market economy — or partly free market economy — as
Related Topics: economy, ecosystem, equivalent, free, free market economy, market, think, useful Berkshire Hathaway’s Successors
I don’t think our successors will be as good as Warren at capital allocation.
Related Topics: allocation, capital, capital allocation, good, successors, think, Warren Buffett Your Indomitable Will
Strength does not come from physical capacity. It comes from an indomitable will.
Related Topics: indomitable, physical capacity, strength, will, willpower Here’s Why You Want to Stick with Love
“I have decided to stick with love. Hate is too great a burden to bear.” —Martin Luther King Jr.
Related Topics: burden, decisions, hate, love Carrying a Cat by the Tail
A man who carries a cat by the tail learns something he can learn in no other way.
Related Topics: assess, experience, exposure, financial institutions, incorrectly, insurers, lesson, painful, true Investment Decisions
An investment decision in the common stock of a company frequently involves a whole lot of factors interacting.
Related Topics: bunch, combine, common, common stock, company, decision, factors, frequently, interacting, investment, involves, stock, trouble An Immensely Strong Business
It would be easier to screw up American Express than Coke or Gillette, but it’s an immensely strong business.
Related Topics: American Express, business, Coke, easier, Gillette, immensely, screw up, strong Troublemakers at Other Companies
Apple is built on refugees from other companies. These are the extremely bright individual contributors who were troublemakers at other
Related Topics: Apple Computer, built, companies, contributors, individual, other, refugees, troublemakers How to Solve Your Problems
The best way to solve any problem is to remove the cause.
Related Topics: cause, problem, solutions, solve a problem Gigantic Macroeconomic Predictions
Gigantic macroeconomic predictions are something I’ve never made any money on, and neither has Warren.
Related Topics: gigantic, macroeconomic, made, money, neither, never, predictions, something, Warren Buffett Destroying Your Best-loved Idea
Any year that passes in which you don’t destroy one of your best loved ideas is a wasted year.
Related Topics: best, best loved, destroy, ideas, loved, passes, wasted, year Generating Float
I’ve been amazed by the growth and cost of our float. It’s wonderful to generate billions of dollars of float
Related Topics: amazed, billions, cost, dollars, float, generate, growth, Treasury notes, wonderful Taking LSD
Taking LSD was a profound experience, one of the most important things in my life.
Related Topics: experience, important, life, LSD, profound, taking, things Ben Franklin’s Financial Freedom
Benjamin Franklin was able to make the contribution he did because he had [financial] freedom.
Related Topics: able, because, Benjamin Franklin, contribution, financial, freedom, make The Word EBITDA
I think that, every time you saw the word EBITDA [earnings], you should substitute the word “bullshit” earnings.
Related Topics: bullshit, earnings, EBITDA, every time, saw, substitute, think Pleasing Wall Street
We don’t give a damn about lumpy results. Everyone else is trying to please Wall Street. This is not a
Related Topics: advantage, give a damn, lumpy, please, results, small, trying, trying to please, Wall Street Naming Apple Computer
Finally Jobs proposed Apple Computer: “I was on one of my fruitarian diets,” he explained. “I had just come back
Related Topics: apple, Apple Computer, apple farm, computer, diets, finally, fruitarian, fun, intimidating, spirited, word A Passion to Get Rich
Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris — I wanted the independence.
Related Topics: considerable, desperately, Ferraris, get rich, independence, passion, rich, Warren Buffett, wealthy Fair Compensation Systems
It is easy to have fair compensation systems, but about half of companies have grossly unfair systems in which the
Related Topics: companies, compensation, easy, fair, grossly, half, paid, paid too much, people, systems, top, top people, unfair Crowd Folly Resembles Lemmings
Crowd folly, the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and
Related Topics: behavior, brilliant, circumstances, crowd, explains, folly, foolish, humans, lemmings, men, resemble, tendency, thinking Business Psychopaths
Bernie Ebbers and Ken Lay were caricatures — they were easy to spot. They were almost psychopaths. But it’s much
Related Topics: almost, Bernie Ebbers, caricatures, Dutch Shell, easy, Ken Lay, problems, psychopaths, spot Know Your Aptitudes
You have to figure out what your own aptitudes are. If you play games where other people have the aptitudes
Related Topics: aptitudes, figure out, lose, other people, people, play games A Perspective on Life
Everything around you that you call life was made up by people that were no smarter than you.
Related Topics: everything, life, people, smarter




