Thursday 8 March 2012

Warren Buffett: Choose sleep over extra profit

" 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."

Choose sleep over extra profit
Source: Letter to shareholders, 2008

Read more: http://www.businessinsider.com/warren-buffett-quotes-on-investing-2010-8#choose-sleep-over-extra-profit-15#ixzz1oXCaRr4n

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