Monday, September 11, 2006

Charlie Munger in Damn Right! 6

“Charlie says as you get older you tolerate more and more in your old friends and less and less in your new friends.” – Warren Buffett

Warren Buffett scolded investment bankers for providing whatever advice would bring them the most income: “Don’t ask you barber whether you need a haircut,” he wrote in Berkshire’s 1982 annual report.

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