Was waiting for my phone to be fixed at one of my local mobile provider (and since they have this long awful queue number system), this book next to the bookstore caught my attention,

The Tao of Warren Buffet

Everyone knows who Warren is, everyone knows how expensive Berkshire Hathaway’s stocks are. Basically this book highlights what the man has always been talking about. I’ll just share someadvices found here, then you decide for yourself whether its a good book

It takes twenty years to buld a reputation and five minutes to lose it. If you think about that, you will do things differently

One foolish act and the bad press that goes with it can instantly destroy a good reputation that has taken a lifetime to build. It’s best not to do something that you know is wrong, because if you are caught, the price you pay may be more than you can afford. This is a Buffett credo that he whispered into the ears of his children from the time they were tots.

When the accounting scandal came down with insurance giant AIG, Buffett told his managers, “The current investigation of the insurance industry underscores the imperative of the message that insurance industry underscores the imperative of the message that I regularly send to you in my biannual memo: Berkshire can afford to lose money, even lots of money; it can’t afford to lose reputation, even a shred of reputation… And in the long run we will have whatever reputation we deserve. There is plenty of money to be made in the center of the court. The is no need to play around the edges.”