Enterprising Investor Forum

Investing humor from Buffett Thursday, January 31, 2008

From the 2005 letter to shareholders:

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“The attitude of our managers vividly contrasts with that of the young man who married a tycoon’s only child, a decidedly homely and dull lass. Relieved, the father called in his new son-in-law after the wedding and began to discuss the future:

• “Son, you’re the boy I always wanted and never had. Here’s a stock certificate for 50% of the company. You’re my equal partner from now on.”

• “Thanks, dad.”

• “Now, what would you like to run? How about sales?”

• “I’m afraid I couldn’t sell water to a man crawling in the Sahara.”

• “Well then, how about heading human relations?”

• “I really don’t care for people.”

• “No problem, we have lots of other spots in the business. What would you like to do?”

• “Actually, nothing appeals to me. Why don’t you just buy me out?”

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Excellent!