Snowball Book Cover

The Snowball: Warren Buffett and the Business of Life

Valuing is not the same as predicting. In the short run, the market is a voting machine. In the long run, it’s a weighing machine. p. 15 the value of the stock market could only reflect the output of the economy. p. 19 Both regarded rationality and honesty as the highest virtues. Quickened pulses and […]

The Snowball: Warren Buffett and the Business of Life