Thursday, November 6, 2014

Throw Back Thursday Quote From Warren Buffet

Back in 2008, in a letter to Berkshire's shareholders, Warren Buffet left this nugget (below) to digest. This quote was picked up from Business Insider and the link is provided here.

""I have pledged – to you, the rating agencies and myself – to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow’s obligations. When forced to choose, I will not trade even a night’s sleep for the chance of extra profits."

This quote is a reminder that wealth building does not mean ruining your quality of life.Because there are ample opportunities to create a sustained level of wealth, there should not be a reason to be so stressed over investments that you lose sleep. 

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