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Quote of the day... (0 viewing)
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Quote of the day...
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4 Years, 3 Months ago
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Mr. Buffett on Inheritance...
Question : You decided you didn't want to leave it all to your kids. You have a line about that?
Mr. Buffett : Yeah, I want to leave them enough so they can do anything but not enough so they can do nothing.
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Last Edit: 2007/10/19 23:06 By hooi11.
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"Just as a man working with his tools should know its limitations, a man working with his cognitive apparatus must know its limitations"--
Charlie Munger.
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Leremy (Admin)
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Posts: 156
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4 Years, 3 Months ago
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Yea, I read that line too from his recent interview, but I don't quite understand what he meant.
Anyone can explain?
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4 Years, 3 Months ago
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i think it means, he will leave enough money for them so tat they can do anything, such as invest further, do business, and stuff...
but not enough so tat they can just sit at home and just spending the money...
i think it means like this... hehe...
Regards...
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Leremy (Admin)
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4 Years, 3 Months ago
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I think you are right. I was thinking the same before, but need some assurance.
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4 Years, 3 Months ago
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yea ;)
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"Just as a man working with his tools should know its limitations, a man working with his cognitive apparatus must know its limitations"--
Charlie Munger.
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The administrator has disabled public write access. |
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4 Years, 3 Months ago
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Rational Consideration:
“Extrapolation may give you the ability to see what’s coming down the street but not what is coming around the corner” —Henry Kaufman
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"Just as a man working with his tools should know its limitations, a man working with his cognitive apparatus must know its limitations"--
Charlie Munger.
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The administrator has disabled public write access. |
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4 Years, 3 Months ago
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"I did not ask for the life that is given, but it was given nonetheless. And with it, I did my best"
- Eko in Lost
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4 Years, 3 Months ago
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When I was young I thought that money was the most important thing in life; now that I am old I know that it is. ~Oscar Wilde
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"Just as a man working with his tools should know its limitations, a man working with his cognitive apparatus must know its limitations"--
Charlie Munger.
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The administrator has disabled public write access. |
Ben (User)
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4 Years, 3 Months ago
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The real art of conversation is not only saying the right thing at the right moment but also to leave unsaid the wrong thing at the most tempting moment...... (Unknown)
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4 Years, 3 Months ago
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We learn from history that we don't learn from history. -- Georg Wilhelm Friedrich Hegel
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"Just as a man working with his tools should know its limitations, a man working with his cognitive apparatus must know its limitations"--
Charlie Munger.
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The administrator has disabled public write access. |
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