“A business is worth the present value of its future cash flow”
Warren Buffett
2025-11-05
“A business is worth the present value of its future cash flow”
I would rather be approximately right than precisely wrong.
"Selling your winners and holding your losers is like cutting the flowers and watering the weeds."
“You don't need to have extraordinary effort to achieve extraordinary results. You just need to do the ordinary, everyday things exceptionally well.”
“The stock market is a device for transferring money from the inpatient to the patient”