"If you don't find a way to make money while you sleep, you will work until you die."
"None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. Unfortunately, Bertrand Russell's observation about life in general applies with unusual force in the financial world: "Most men would rather die than think. Many do.""
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Source: Letter To the Shareholders of Berkshire Hathaway Inc., www.berkshirehathaway.com. 1990.
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