I recently re-read the Book “The Warren Buffett Way” By Robert G Hagstrom and this is one of the books which I have read several times in whole and in part.
The following extract from this book, is one of my favorites
“It is not enough to have good intelligence,” write Descartes,” the principle thing is to apply it well.” It is the application that separates Buffett from other investment managers. Buffett stands above them all because of his formidable ability to implement his strategies.”
I love this quote by the man himself
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” Warren Buffett
Following is an extract from an interview on CNBC with Warren Buffett