Wednesday, April 20, 2011

Happy Hump Day

1 comment:

  1. A shareholder once asked Buffett how he spent his days. Warren Buffett said he mostly read and talked on the phone.

    "That's what I do. Charlie, what do you do?"

    "That [question] reminds me very much of a friend of mine in World War II in a group that had nothing to do," replied Munger.

    "A general once went up to my friend's boss, we'll call him Captain Glotz. He said, 'Captain Glotz, what do you do?' His boss said, 'Not a damm thing.' "

    "The General god madder and madder and turned to my friend and said, 'What do you do?' "

    "My friend said, 'I help Captain Glotz.' That's the best way to describe what i do at Berkshire."

    Quoted from "Damm Right! Behind The Scenes With Berkshire Hathaway Billionaire Charlie Munger, by Janet Lowe", page 239.