Warren Buffett MBA Talk - Part 6
I saw a quote from Buffett in a recent interview, it may have been on CNBC or at his last annual shareholders meeting....basically sums up his monster success..
"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."
It's a subtle, but very powerful distinction. Many people just don't get it (too brainwashed by modern finance, portfolio theory, etc).
Notice in this MBA interview, how many *simple* things he mentions
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