<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><title>Mungerisms on Pavan Yara</title><link>https://pavanyara.com/tags/mungerisms/</link><description>Recent content in Mungerisms on Pavan Yara</description><generator>Hugo -- gohugo.io</generator><language>en-US</language><managingEditor>pavan.yara@gmail.com (Pavan Yara)</managingEditor><webMaster>pavan.yara@gmail.com (Pavan Yara)</webMaster><copyright>Pavan Yara</copyright><lastBuildDate>Wed, 16 May 2018 14:31:49 +0530</lastBuildDate><atom:link href="https://pavanyara.com/tags/mungerisms/index.xml" rel="self" type="application/rss+xml"/><item><title>Speed of Information</title><link>https://pavanyara.com/blog/speed-of-info/</link><pubDate>Wed, 16 May 2018 14:31:49 +0530</pubDate><author>pavan.yara@gmail.com (Pavan Yara)</author><guid>https://pavanyara.com/blog/speed-of-info/</guid><description>&lt;blockquote&gt;&#10;&lt;p&gt;&amp;ldquo;The speed of information really doesn’t make any difference to us. It’s the processing and finally coming to some judgment that actually has some utility&amp;hellip;it’s a judgment about the price of a business or a part of a business, a security, versus what it’s essentially worth. And none of that involves anything to do, really, with quick information. It involves getting good information&amp;hellip;. We’re not looking for needles in haystacks or anything of the sort&amp;hellip;We like haystacks, not needles, basically. And we want it to shout at us.&amp;rdquo;&#10;&amp;ndash;Warren Buffett &lt;a href="https://buffett.cnbc.com/video/1994/04/25/morning-session---1994-berkshire-hathaway-annual-meeting.html"&gt;(1994&lt;/a&gt;&lt;/p&gt;</description><content:encoded><![CDATA[<blockquote>
<p>&ldquo;The speed of information really doesn’t make any difference to us. It’s the processing and finally coming to some judgment that actually has some utility&hellip;it’s a judgment about the price of a business or a part of a business, a security, versus what it’s essentially worth. And none of that involves anything to do, really, with quick information. It involves getting good information&hellip;. We’re not looking for needles in haystacks or anything of the sort&hellip;We like haystacks, not needles, basically. And we want it to shout at us.&rdquo;
&ndash;Warren Buffett <a href="https://buffett.cnbc.com/video/1994/04/25/morning-session---1994-berkshire-hathaway-annual-meeting.html">(1994</a></p>
</blockquote>
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