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Non-Tech : Berkshire Hathaway & Warren Buffet
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To: 249443 who started this subject11/6/2001 7:11:53 AM
From: 249443   of 240
 
Charlie in '96 Annual Report:

"......tends to confirm a long -held notion that being prepared,on a few occassions in a lifetime ,to act promptly in scale in doing some simple and logical thing will often dramatically improve the financial results of that lifetime. A few major opportunities ,clearly recognisable as such ,will usually come to one who continuously searches and waits,with a curious mind,loving diagnosis involving multiple varibles.And then all that is required is a willingness to bet heavily when the odds are extremely favourable.using resources available as a result of prudence and patience in the past." ( see, Wesco Annual Report 1996.)
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