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  1. Frank Herbert _ The Dosadi Experiment

    Does a population have informed consent when that population is not taught the inner workings of its monetary system, and then is drawn, all unknowing, into economic adventures?
    book-quoteignorancegovernmentfinance

  2. Roger Lowenstein _ Buffett: The Making of an

    Bundy sternly tool his fellow endowment fund managers to task - not for being too bold, but for being insufficiently so:We have the preliminary impression that over the long run caution has cost our colleges and universities much more than imprudence or excessive risk-taking.
    book-quoterisk-takinginvesting

  3. Roger Lowenstein _ Buffett: The Making of an

    Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?
    book-quotewarren-buffettinvesting
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