APPENDIX A

101 Warren Ways

Warren Way 1. Opportunity attracts money. “Money will always flow toward opportunity, and there is an abundance of that in America,” Buffett told his stockholders in 2011.

Warren Way 2. How to choose deals. Buffett to the Wall Street Journal: “It’s like when you marry a girl. Is it her eyes? Her personality? It’s a whole bunch of things you can’t separate.”

Warren Way 3. Integrity matters. “Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence and energy,” Buffett told the Omaha World-Herald, long before he purchased the newspaper in 2011. “And if they don’t have the first, the other two will kill you.”

Warren Way 4. Avoid risky deals. “We’ve done better by avoiding ...

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