Tren Griffin+ Your Authors @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Jan. 19, 2020 1 min read + Your Authors

"We do get approached when somebody has a takeover bid. They say, 'Would you like to top it or something?' To which our answer, invariably, is no." Buffett

"Well, we're very good at saying no." Munger

"Charlie's even better than I am." Buffett

"By no means have we given up on putting our cash to work. If we don’t, the money isn't going away."

"At some price, we’d buy back Berkshire. We’re not looking for the chance to gleefully buy out shareholders at a substantial discount to value." (2005) 

Munger: "Our problem in finding investments is people are willing to pay higher prices than we are."

Buffett: "You can turn any investment into a bad deal by paying too much. What you can’t do is turn any investment into a good deal by paying a cheap price." 2019 BRK AGM

You can follow @trengriffin.


Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Since you’re here...

... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.

Follow Threader