Another fine post! I once said to Warren, after I got to know him: You’re right, you don’t need to be a mathematical genius to be successful: we learn easily that 2+2=4. The real challenge is putting two and two together in the real world. He agreed and added: you on,y need a few fours to be successful.
"If you always tell people why, they'll understand it better. They'll consider it more important. And they'll be more likely to comply."---Charlie Munger
Another fine post! I once said to Warren, after I got to know him: You’re right, you don’t need to be a mathematical genius to be successful: we learn easily that 2+2=4. The real challenge is putting two and two together in the real world. He agreed and added: you on,y need a few fours to be successful.
Thanks Arthur! I think that point about not needing to be a mathematical genius is one of Buffett’s most important lessons.
Remember Charlie’s comment that he had never seen Warren calculate a present value? Warren’s reply was: if I had to, it wouldn’t be worth it.
That’s one of the best!
"If you always tell people why, they'll understand it better. They'll consider it more important. And they'll be more likely to comply."---Charlie Munger
I could read Charlie quotes all day!