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Both our operating and investment experience cause us to conclude that “turnarounds" seldom turn, and that the same energies and talent are much better employed in a good business purchased at a fair price than in a poor business purchased at a bargain price.
Berkshire Hathaway Letters to Shareholders, 2016
Warren Buffett
The next time you face a political dispute or a personal disagreement, ask yourself: Is there any reason to fight about this? Is arguing going to help solve anything? Would an educated or wise person really be as quarrelsome as you might initially be inclined to be? Or would they take a breath, relax, and resist the temptation for conflict? Just think of what you could accomplish and how much better feel-if you would you could conquer the need to fight and win every tiny little thing.
The Daily Stoic
Ryan Holiday, Stephen Hanselman
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