After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. What we have learned is to avoid them.
- Warren Buffett
Wisdom right there
“We need to stop pretending that we can divine the future, and instead concentrate on understanding the present, and preparing for the unknown.”
— James Montier
"The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd."
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