BLOGNAME: LOUDER THAN WORDSAn informal, stream-of-consciousness reflection on business ideas, events and issues in modern business, modern life and with some specifics to the web-software industry by Paul Tomori, Internet Entrepreneur
New Dog - Old Trick Followup
Warren Buffett 2008 Annual Report Excerpted
By Paul Tomori
Monday, May 11, 2009 at 20:53:39 (EDT)
I can't help but add this short blog entry as a followup to my last one... Buffett says it best. The best investment moves will be more likely to yield a yawn than an applause:
"Approval, though, is not the goal of investing. In fact, approval is often counter-productive because it sedates the brain and makes it less receptive to new facts or a re-examination of conclusions formed earlier. Beware the investment activity that produces applause the great moves are usually greeted by yawns. - Warren Buffett, 2008 Annual Report to Shareholders"
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