Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 3
Deadspace -

You are welcome.

And glad that you added some of the concepts from my book to your spreadsheet. I borrowed from others when I built my spreadsheet.

If you work at it, the quantitative, or spreadsheet, aspect of this business can be mastered. But answering the "how long" question (as in "how long will this company's competitive advantage remain intact")...well, that is is the toughie.

Since you mentioned Warren Buffett, here's a story that sheds some light on this man's character: At the repeated prodding of a friend, I sent Mr. B a copy of my manuscript and asked if he would endorse the book. I did not want to bother him, because I figured he must get deluged with requests. But, mail the manuscript I did.

Now, here is where Mr. Buffett shines. Within 10 days he sends me a note thanking me for the opportunity, but that he gets 8-10 similar requests every day. If he said "yes" to me, then he would feel obliged to say "yes" to everyone else.

Warren Buffett has many admirable traits, not the least of which is good manners.

And yes, as you point out, he does the defensive/enterprising calculations in his head.


Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.