34 Tips about Analogies

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Full-time professionals in other fields, let's say dentists, bring a lot to the layman. But in aggregate, people get nothing for their money from...
In the short run, the market is a voting machine. In the long run, it's a weighing machine.
The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing.
Tags: taxes, analogies
Imagine for a moment that you are a spectator at the race between the tortoise and the hare and that you have placed a wager on the tortoise. As the...
Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the...
Even turkeys can fly high in a strong wind.
Ben Graham's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient...
Each time, it's a nice little company, nice people, modestly successful. Then you bring in the VC money - it's like putting jet engines on a VW. They...
Inflation might be called prosperity with high blood pressure.
We continue to think that it is usually foolish to part with an interest in a business that is both understandable and durably wonderful. Business...
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