Roger Lowenstein quotes
-
“Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health or how many people love you, it lets you be in 'more interesting environments.”
-- Roger Lowenstein -
“Buffett was a billionaire who drove his own car, did his own taxes, and still lived in a home he had bought in 1958 for $31,500. He seemed to answer to a deeply rooted, distinctly American mythology, in which decency and common sense triumphed over cosmopolitan guile, and in which an idealized past held firm against a rootless and too hurriedly changing present.”
-- Roger LowensteinSource : Roger Lowenstein, (2010). “Buffett”, p.372, Gerald Duckworth & Co
-
“Buffett’s genius was largely a genius of character—of patience, discipline, and rationality.”
-- Roger LowensteinSource : Roger Lowenstein (2013). “Buffett: The Making of an American Capitalist”, p.13, Random House
-
“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?”
-- Roger Lowenstein -
-
“The modern spirit is a hesitant one. Spontaneity has given way to cautious legalisms, and the age of heroes has been superseded by a cult of specialization. We have no more giants; only obedient ants.”
-- Roger LowensteinSource : Roger Lowenstein (2013). “Buffett: The Making of an American Capitalist”, p.177, Random House
-
“Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American.”
-- Roger LowensteinSource : Roger Lowenstein (2013). “Buffett: The Making of an American Capitalist”, p.425, Random House
-
“In seventy years, Russia’s Communists had not succeeded in dealing markets such a telling blow as did its deadbeat capitalists.”
-- Roger LowensteinSource : Roger Lowenstein (2000). “When Genius Failed: The Rise and Fall of Long-Term Capital Management”, Random House Incorporated
-
“Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As a friend [Charlie Munger] said, to a man with a hammer, everything looks like a nail.”
-- Roger LowensteinSource : Roger Lowenstein (2013). “Buffett: The Making of an American Capitalist”, p.318, Random House
-
-
“When a fan comes up to you and says I love your music, there’s nothing better than that.”
-
“I love you. I'll never leave you and I swear to you sweetheart that you will never be alone.”
-
Source : "Boundaries And Crossing". Interview with Vered Shemtov, shma.com. March 4, 2004.
You may also like:
-
Andrew Lo
Professor -
Benjamin Graham
Investor -
Bethany McLean
Editor -
Bill Gates
Investor -
Bruce Greenwald
Professor -
Bryan Burrough
Author -
Burton Malkiel
Economist -
Carlos Slim
Business person -
Charlie Munger
Business person -
Edwin Lefevre
Journalist -
Jack D. Schwager
Author -
Joel Greenblatt
Manager -
John C. Bogle
Investor -
John Templeton
Investor -
Louis Rukeyser
Journalist -
Peter Lynch
Businessman -
Philip Arthur Fisher
Author -
Seth Klarman
Author -
Warren Buffett
Investor -
John Train
Author