The Wisdom of Warren Buffett, Part 1
Editor’s Note: Like most of you, we’ve got big ideas and aspirations for 2010; and yet, we don’t always have all the answers. So we’ve asked an oracle among Bros, Danny Brocean, to offer up one small nugget of Bro wisdom each day — a fortune cookie of insight, if you will. We hope you find them just as useful as we do.
This week we devote the entire sleeve of Fortune Cookies to the legendary investor, Warren Buffett. Warren loves to instruct and share his wisdom. Listen to virtually anything that comes out of his mouth: It’s folksy but so illuminating.
“I don’t try to pick bottoms. If someone calls me and it makes sense, then I do it. Risk comes from not knowing what you’re doing.” No artifice, no bullshit.