Investor. Any references to securities are not recommendations or solicitations to buy or sell anything. I may have positions in securities mentioned.
Greed and Capitalism
What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman
Saturday, May 6, 2017
Buffett: Valuation of a business
Buffett: "Valuation of a business is not reducible to any formula where you can... put in the variables perfectly." http://yhoo.it/BRKLIVE
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