Peter Mallouk

@PeterMallouk • 92,183 subscribers

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Peter Mallouk

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“Big opportunities in life have to be seized. We don’t do very many things, but when we get the chance to do something that’s right and big, we’ve got to do it.” – Warren Buffett

“Big opportunities in life have to be seized. We don’t do very many things, but when we get the chance to do something that’s right and big, we’ve got to do it.” – Warren Buffett

When I look back now That summer seemed to last forever And if I had the choice Yeah, I'd always wanna be there Those were the best days of my life

You've got to trust your instinct And let go of regret You got to bet on yourself now, star 'Cause that's your best bet

A truly tragic life...

No sure how The Cure still sounds this good. Is there anyone in the last few years that has written a song as good as this?

Some will win. Some will lose. Some were born to sing the blues. Oh the movie never ends. It goes on and on and on and on.

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Once again, Fred in accounting has just filed his last tax return of the season.

The best advice Warren Buffett gave at this weekend’s Berkshire conference had nothing to do with investing.

“We only give a couple of instructions to people when they go to work for us. One of them is to think like an owner. And the second one is to just tell us the bad news immediately.” – Warren Buffett

“I can’t think of a single example in my whole life where ‘keeping it simple’ has worked against us. We’ve made mistakes, but they weren’t because we kept it simple.” – Charlie Munger

"If you're not willing to react with equanimity to a market price decline of 50% two or three times a century, you're not fit to be a common shareholder - and you deserve the mediocre result you are going to get." Charlie Munger

“We only give a couple of instructions to people when they go to work for us. One of them is to think like an owner. And the second one is to just tell us the bad news immediately.” – Warren Buffett

“We look for three things when we hire people. We look for intelligence, we look for initiative, and we look for integrity. And if they don’t have the latter, the first two will kill you.” – Warren Buffett

“I can’t think of a single example in my whole life where ‘keeping it simple’ has worked against us. We’ve made mistakes, but they weren’t because we kept it simple.” – Charlie Munger

The best teams aren’t built on performance alone. They’re built on trust.

Who's to say w hat's impossible? Well, they forgot This world keeps spinning, and with each new day I wanna turn the whole thing upside down I'll find the things they say just can't be found

“Defining your circle of competence is the most important aspect of investing.” – Warren Buffett

Warren Buffett on the best investment you can ever make…

Don’t spend major time with minor people.

Once you realize everything is risky, your decision making will change.

My take on the housing crisis, governmental incompetence and the unfortunate consequences for a generation.

Best singer alive?