"Buffet jokes that calling someone who trades actively in the market an investor 'is like calling someone who repeatedly engages in one-night stands a romantic.'" Introduction and Prologue, p. 11

"Buffet's essays can reeducate a generation of students, and continue the education of others. That is important because the gospel of modern finance theory that swept America in the past thirty years is still commonly preached. A lemming-like willingness to follow the crowd endures. Entailing the destruction of both leadership and independent thought, that weakness is the intellectual foe in the struggle Buffett's essays wage for intelligent and focused investing. While the battle remains to be won, this compendium is intended to aid in the quest." Introduction and Prologue, p. 24

"Charlie and I know that the right players will make almost any team manager look good. We subscribe to the philosophy of Ogilvy & Mather's founding genius, David Ogilvy...