"If you don't find a way to make money while you sleep, you will work until you die."
"Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome)."
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Source: Letter To the Shareholders of Berkshire Hathaway Inc., www.berkshirehathaway.com. March 7, 1995.
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