Adarsh Joseph

“Munger claimed that it is because professors are so enamored by modern portfolio theory. For the man with a hammer, every problem looks like a nail.”
― Daniel Pecaut, University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

“Contrary to what many people have been expecting, the growth of the human population from roughly 1 billion in 1800 to 7.8 billion in 2020 has not been accompanied by a lowering of living standards but by an explosion in material abundance. If you approach this volume with an open mind, you will be astounded by the progress that humanity has made, especially over the last 200 years or so. The book will affirm the moral and practical value of every additional human being, leave you appreciative of the abundance that you are enjoying today, and even hopeful about the future fate of humanity”
― Marian L. Tupy, Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet

“people without historical perspective are at a massive disadvantage. Instead of being grateful for all the good things in their lives, they are resentful because of the things that they lack but others have. Acquisition of a historical perspective is not only prudent from a logical standpoint as the best way to measure progress; it is also conducive to happiness.”
― Marian L. Tupy, Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet

“Nevertheless, their dishonesty upset Buffett. They were trying to chisel him out of 12.5 cents per share. So Buffett went the other way and started buying increasingly more shares of Berkshire until he took control. He then booted out the guy who had tried to chisel him out. In 1964, Warren Buffett took control of that small New England textile firm, and it became his new base for making investments.”
― Daniel Pecaut, University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting