“An investment operation is one, which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative.” - Benjamin Graham
Thursday, May 8, 2014
Notes from the 2014 Berkshire Hathaway Annual Meeting
Here is a link to a transcript of the comments made by Warren Buffett and Charlie Munger at the 2014 Berkshire Hathaway Annual meeting: