Founders

What I learned from reading The Tao of Warren Buffett by David Clark and Mary Buffett. ----Come see a live show with me and Patrick O'Shaughnessy from Invest Like The Best on October 19th in New York City. Get your tickets here! ----Subscribe to listen to Founders Premium — Subscribers can listen to Ask Me Anything (AMA) episodes and every bonus episode. ---[0:01]The more I heard Warren speak, the more I learned. Not only about investing, but about business and life. [4:02] The great personal fortunes in this country weren’t built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. [5:45] It is impossible to unsign a contract, so do all your thinking before you sign. [8:35] I don’t try to jump over seven-foot bars; I look around for one-foot bars that I can step over. [14:27] The chains of habit are too light to be felt until they are too heavy to be broken. [19:00] My idea of a group decision is to look in the mirror. [22:14] When management with a reputation