I just read and read and read. ... I have always enjoyed reading. - Warren Buffett

our experience with newly-minted MBAs has not been that great. Their academic records always look terrific and the candidates always know just what to say; but too often they are short on personal commitment to the company and general business savvy. It’s difficult to teach a new dog old tricks.

While investors and managers must place their feet in the future, their memories and nervous systems often remain plugged into the past.

It is better to be approximately right than precisely wrong.