我们都无法忍受公司的那套
繁文缛节，都想用一种游戏的方式来工作；当然是有意义的游戏
。我们正努力斩杀巨人哥利亚，虽然斯特拉瑟比两个哥利亚还要
壮，但是他却有一颗大卫般的心。我说我们不仅要创立一个品牌
，更要打造一种文化。我们正在与千篇一律、无聊乏味做斗争。
我们卖的不仅仅是一种产品，更是一种理念、
一种精神。我自己
都不知道是否完全搞清了我们是谁以及我们在干什么，直到那天
我听到了自己对斯特拉瑟说的话。

This is not a business where you take polls, this is a business where you think.

——Warren Buffett

“Warren and I do more reading and thinking and less doing than most people in business. We do that because we like that kind of a life. But we’ve turned that quirk into a positive outcome for ourselves.” Charlie Munger

The best way to think about investments is to be in a room with no one else and just think. ANd if that doesn't work, nothing else is going to work.

——Warren Buffett

I read and think. So I do more reading and thinking, and make less impluse decisions than most people in business. I do it because I like the kind of life.

——Warren Buffett

I'm very selective. I, sometimes, skim. I sometimes read one chapter and I sometimes read the damn thing twice. It's been my experience in life that if you just keep thinking and reading, you don't have to work.

——Charlie Munger

Develop into a lifelong self-learner through varacious reading; cultivate curiosity and strive to become a little wiser every day.

——Charlie Munger

If you can set your life up in a manner which gives you large chunks of time to do reading, but reading not from the context of 'I'm going to do an investment', but reading from the context of getting better at knowing how the world works. You get to wisdom which is different from just being smart. You can build up an advantage over your peers.

我想要每个人都在追求的东西——做自己，全身心地。

实际上，在1965年，跑步甚至不算是一种运动。跑步并不是
广受欢迎的运动，但也不是无人问津，它只是一种常见的运动罢
了。人们认为，出门跑上8公里是怪胎才会做的事情，可能只是为
了燃烧、释放疯狂的精力。为了愉快而跑步，为了锻炼而跑步，
为了产生内啡肽（endorphin）而跑步，为了更健康长寿而跑步——
这些事情都是闻所未闻的。

happiness is a how, not a what.

在驱车返回波特兰的路上，我都在思考自己的销售大获成功
的原因。我认为我之所以没法销售百科全书，是因为自己打从心
眼里瞧不起它。销售共同基金时表现也只是稍有改进，因为我没
有投入热情。那为什么卖鞋会如此不同呢？那是因为我发现这不
是在销售，而是我对跑步的信仰。我坚信如果人们每天外出跑上
几公里，世界就会变得更美好，我也坚信这些鞋更适合跑步。人
们在感受到我的信念后，也会想要为自己打造这种信念。
传播信念，我决定。信念才是不可抵抗的。

Investment is most intelligent when it is most businesslke.

It should come as no surprise that Warren Buffett, Grahama's most famous student, adpoted the same thinking. Stock as business has been the cornerstone of Warren's investment approach for 65 years. A stock market, he once said, is by no means essential; a prolonged suspension of trading in the securities we hold would not bother us any more than odes the lack of daily quotations on World Book or Fechheimer, two of Berkshire's wholly owner businesses. Eventually, our economic fate will be determined by the economic fate of the business we own, whether our ownership is partial or totla. As far as I am concened, he adds, the stock market doesn't exist. It is there only to see if anybody is offering to do something foolish.

只有找对了雪地才可以滚雪球，我就是这样做的。我所指的不仅仅是赚钱方面，在 认识世界、结交朋友的时候同样如此。我们一生中要面临诸多选择，要争取做一个受欢 迎的人，其实就是让自己的雪球在雪地上越滚越大，最好是一边前进一边选择积雪皑皑 的地方，因为我们不会回到山顶重新开始滚雪球，生活正是如此。

《Snowball Effect》

钱可以让我独立。然后，我就可以用我的一生去做我想做的事情。而我最想做的事情就是为自己工作，我不想让别人主导我。每天做自己想做的事，这对我来说非常重要。

一股股票是拥有一家企业一小部分的权利，是你愿意为整个企业所支付价格的某一部分。

使用安全边际。投资是建立在孤寂和不确定性的基础之上的。大范围的安全边际保证了不会因为误差而导致失败。最重要的是，前进的方法首先是不要后退。

市场先生是你的仆人，而不是你的主人。格雷厄姆假设了一个喜怒无常的角色叫“市场先生”，他每天都会提供股票买卖的机会，而这些价格经常都是不合理的。市场先生的情绪不应该影响你对价格的看法。不过，他真的会一次有一次地提供低买高卖的机会。

拜访管理层是沃伦做生意的一种方式，他利用这些会面尽可能地去了解公司。和管理层的私人接触中，他会用自己的知识和智慧迷住那些有影响力的人，给他们留下深刻印象。而且，他感觉通过和公司的管理层变得友好，他也许能够影响这家公司去做正确的事情。

I had strong and diversified tastes, much zeal for whatever interested me, and a keen pleasure in understanding any complex subject or thing.

“You need to have a passionate interest in why things are happening. That cast of mind, kept over long periods, gradually improves your ability to focus on reality. If you don’t have the cast of mind, you’re destined for failure even if you have a high I.Q.”

摘录来自
"All I Want to Know Is Where I'm Going to Die So I'll Never Go There": Buffett and Munger a Study in Simplicity and Uncommon, Common Sense
Peter Bevelin
此材料受版权保护。

“I have a habit in life. I observe what works and what doesn’t and why.”1429

“I do it automatically…If you have that temperament, you will gradually learn. If you don’t, then I can’t help you.”

摘录来自
"All I Want to Know Is Where I'm Going to Die So I'll Never Go There": Buffett and Munger a Study in Simplicity and Uncommon, Common Sense
Peter Bevelin
此材料受版权保护。

“Too soon old and too late smart.”

摘录来自
"All I Want to Know Is Where I'm Going to Die So I'll Never Go There": Buffett and Munger a Study in Simplicity and Uncommon, Common Sense
Peter Bevelin
此材料受版权保护。