Tuesday, February 10, 2004

"The important thing is to keep playing, to play against weak opponents and to play for big stakes."

Warren Buffett, Nov. 2002 talking with students at Gaston Hall
Courtesy of Tren Griffin, 10 Feb 2004, who also cited this by Buffett: "Charlie and I decided long ago that in an investment lifetime it's too hard to make hundreds of smart decisions. ... we have adopted a strategy that required our being smart - and not too smart at that - only a very few times..."

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