3 Quotes by Lawrence A. Cunningham

Common sense is the heart of investing and business management.

What counts for most people in investing is not how much they know, but rather how realistically they define what they don’t know.

What, then, is Berkshire’s moat? The answer: Berkshire’s distinctive corporate culture. Berkshire spent the last five decades acquiring a group of wholly owned subsidiaries of bewildering variety but united by a set of distinctive core values. The result is a corporate culture unlike any other. And this is Berkshire’s moat.