Feeds:
Posts
Comments

Posts Tagged ‘Warren Buffett’

We always live in an uncertain world.  What is certain is that the United States will go forward over time.
  —  Warren Buffett
[And the whole world will get through this, too…  —  KMAB]
.
On This Day In:
2019 I Asked My Family Doctor Just What I Had
2018 You Have Just Begun To Climb
2017 Equal Protection Under Law
2016 A Stubbornly Persistent Illusion
2015 Or You Don’t
2014 If You Ever Fall…
2013 Glory Days (part 2)
2012 They Follow A Pattern – If You Know What I Mean
What I Live For (Precis)
2011 Giving

Read Full Post »

Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you.
  —  Warren Buffett
[Happy Birthday to me!  —  KMAB]
.
On This Day In:
2019 Living On The Couch
Who Am I – One Interpretation
2018 A Gardening Goal: Feed The Flowers
2017 Freakishly Happy Cowboy
2016 One More, Please
2015 Infinite Adventure
2014 Unpaved
2013 Headstones
2012 Keeping Young
2011 Lessons Well Learned

Read Full Post »

You only have to do a very few things right in your life so long as you don’t do too many things wrong.
  —  Warren Buffett
.
On This Day In:
2019 Missing Failure
2018 Praise God
2017 Necessary Gaps
2016 Nor My Dogs
2015 Say What?
I’m A Dog, Too!
Beginnings
2014 Astonishing Choices
2013 Three Hard Tasks
2012 The Only Remains
2011 Personal Capability
What Price Failure?
Both Of W’s Elections
Tea (Baggers) Anyone?

Read Full Post »

We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a ‘romantic.’
  —  Warren Buffett
[With the Dow at very near an all-time high, a “normal” market “correction” (a 10% drop) will still leave the market above 25,000 which would still be a historic end of year high.  The only questions are when will the correction eventually happen and how far past “normal” it will go?  Okay, three: how long will it last?  Remember, this is the first Presidency to have an 800 point drop in a single day…  Of the top five daily losses in Dow history (roughly 120 years), ALL five have happened during the current Administration.  So far, we’ve recovered from each quickly…  —  KMAB]
.
On This Day In:
2018 Dominoes II (Update From Last Year’s Post)
2017 Dominoes
2016 Itchin’
2015 In The Not So Distant Future
2014 Sources
2013 Three Essentials
2012 Just Looking
2011 Religious Lessons
2010 View From Under The Bus… (A mid-term report card on the Obama Administration. Long, but still worth reading for historical perspective.)

Read Full Post »

Chains of habit are too light to be felt until they are too heavy to be broken.
  —  Warren Buffett
[And soon, hopefully, just an embarrassingly bad memory…  A genius for marketing one’s self is only useful if – ultimately – there is something in you of value.  Otherwise, with bad luck, you pitiably end up at center stage with no talent to perform.  #GrifterDon was able to make it to center stage.  Under the bright lights, he has wilted and shown us he can’t dance, sing or even perform a soliloquy.  —  KMAB]
.
On This Day In:
2018 Good Sense
2017 E Pluribus Unum
2016 Lacking
2015 Chip, Chip, Chip
2014 nom de plume
2013 The Real Reason
From The Book
2012 When Young
2011 14 Ways To A Better Judgement

Read Full Post »

Risk comes from not knowing what you’re doing.
  —  Warren Buffett
Price is what you pay.  Value is what you get.
  —  Warren Buffett
Rule No.1:  Never lose money.  Rule No.2:  Never forget rule No.1.
  —  Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield.
  —  Warren Buffett
.
On This Day In:
2018 Change Happens
Day 13: Ginger / Mint Relief
2017 Still Removing Bricks
2016 Namaste
2015 Still Learning
2014 Dark Processes
2013 To The Last Link
2012 Slept In Again
2011 Home Again, Naturally
2009 Thoughts after a long day of OT…

Read Full Post »

I think that both parties should declare the debt limit as a political weapon of mass destruction which can’t be used.  I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they’re not getting some other matter.
  —  Warren Buffett
.
On This Day In:
2018 Satisfied
2017 In The Mind
2016 Dreaming
2015 The Best Medicine Is Also Contagious
2014 Eyes Off
2013 The More Things Change…
2012 The Delicate Moment Of Giving
2011 Ready, Shoot, Aim!!

Read Full Post »

You know, people talk about this being an uncertain time.  You know, all time is uncertain.  I mean, it was uncertain back in – in 2007, we just didn’t know it was uncertain.  It was – uncertain on September 10th, 2001.  It was uncertain on October 18th, 1987, you just didn’t know it.
  —  Warren Buffett
.
On This Day In:
2018 Satisfied
2017 In The Mind
2016 Dreaming
2015 The Best Medicine Is Also Contagious
2014 Eyes Off
2013 The More Things Change…
2012 The Delicate Moment Of Giving
2011 Ready, Shoot, Aim!!

Read Full Post »

Time is the friend of the wonderful company, the enemy of the mediocre.
  —  Warren Buffett
[And some Administration’s are so bad / incompetent / corrupt, we don’t even have to wait for “history”.  —  KMAB]
.
On This Day In:
2017 Our Confident New President
2016 Ways
2015 Be Happy, Too
2014 At Least Smile
2013 Comfortably Bound
2012 Certainty
Thinking About Fathers
2011 And In Every Level Of Media

Read Full Post »

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
  —  Warren Buffett
.
On This Day In:
2017 Garden Dreaming
2016 Well, Maybe Not “No” Talent
2015 An Appetite For Life
A Trip To The Library
Great Expectations
2014 Pass The Soul
2013 Zapping Music And Art
2012 Not Quite Fantastic
That Kid Is Back
2011 Wolves At The Door
2010 I’m Feeling Patriotic… (Well, more than usual, anyway.)
Beating the Heat…

Read Full Post »

Someone is sitting in the shade today because someone planted a tree a long time ago.
   —  Warren Buffett
.
On This Day In:
2017 Wake Up
2016 I Like Dreaming
2015 Importance
2014 Unearned Humility
2013 Science Is Trial And Error
2012 Franklin’s Creed
2011 First Steps
2010 Home Ill…

Read Full Post »

Predicting rain doesn’t count.  Building arks does.
   —  Warren Buffett
.
On This Day In:
2017 Talent Hates To Move
2016 Looking To November
2015 It Isn’t The End
Prospero’s Precepts
2014 Friends
2013 Learning Bitter
2012 Remembrance, Minstrels & Going Off To War
May I Have More Happiness, Please?
2011 There Is No God, But God
2010 Another Running Book…

Read Full Post »

We’ve used up a lot of bullets.  And we talk about stimulus.  But the truth is, we’re running a federal deficit that’s 9 percent of GDP.  That is stimulative as all get out.  It’s more stimulative than any policy we’ve followed since World War II.
     —  Warren Buffett
.
On This Day In:
2016 Picky, Picky, Picky
2015 Another Limitation On Religion
2014 Enduring
2013 Tell Me More…
2012 Passing…
2011 Fake It ‘Til You Make It

Read Full Post »

 

Yesterday, I completed the book: “Buffettology” (1997©) written by Mary Buffett and David Clark.  This is the book I thought “The Snowball” was going to be, but wasn’t.  This is the book that tells you how you too can make a lot of money (with certain qualifications).  All of the “tricks of the trade” – what to look for and why, and how to figure out if a company is going to make you money or not (and how soon it will do it).  It’s all here in this little gem of a book. I highly recommend it!!
The main author – Mary Buffett is the former spouse of one of Warren Buffett’s sons.  Nothing like making a little bread off the ex-father-in-law’s name…
Oh, about those qualifications…  It helps to start off with about 15 years worth of the average persons gross pay in the bank to start investing.  You also have to be quite obsessed with making money.  You also have to be able to live off of a fraction of your earnings until you start to really roll in the dosh – that means patience and a willingness to forego instant gratification.  But once you do these things, you can be well on your way to becoming quite wealthy – in 30 or so years.  Actually, if you follow the guidelines laid out in this book, I’d wager you’d be quite well off in just 10 or 15 years.
Anyway, as I said, this is an excellent read for anyone interested in working their way into a comfortable lifestyle and I highly recommend the book.  Forgive my snarkiness.  It’s actually a very good book with lots of great tips for investing and clear explanations for how to understand how you really make money work for you.
Family Notes:
Today, my son James turned 21 years old!  We had a small family meal (curry and rice) and he was off to be with his mates.  I cautioned him about no drinking and driving.
Work Notes:
It looks like there will be no Federal budget extension tomorrow – so I may be on furlough as of 11:59:59pm.  At the moment, the main sticking point seems to be will the government fund Planned Parenthood or not.  The Republicans say, no.  The Democrats say, yes.  So a budget in the trillions of dollars is being held up over cuts of only about $330 Million.  This is a tiny fraction of one percent of the total budget ($330 Million / $3.7 Trillion), but the Republicans insist this cut is worth shutting down the government for, because the line for cutting has to be drawn somewhere.  It should be noted, that when the Republicans had complete control of the entire Federal government – Congress, the White House and the Supreme Court (from 2001 through Jan 2007), they did NOTHING to end abortion or defund Planned Parenthood.  But remember, according to the Republicans, this is about the budget and saving America from future debt and bankruptcy.  It’s not about policy debates or living in a democracy where the majority view (elections) gets their way, but the minority view is respected and protected.  Remember also, the majority of Americans favor a woman’s right to choice and funding for Planned Parenthood.
The good news is I’ll have a lot more time for blogging!!
.

Read Full Post »

And the Truth is, you are neither right nor wrong because people agree with you.  You’re right because your facts and reasoning are right.  In the end, that’s what counts.
 -–  Warren Buffett
(As quoted in: “The Snowball” by Alice Schroeder)
.

 

Read Full Post »

Older Posts »

%d bloggers like this: