Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun. (Warren Buffett)

Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.

Warren Buffett

Related topics

chairman far few gun large pen size small staggering steal vice years hathaway berkshire charlie munger

Related quotes

So far Unitarian realism claiming to possess positive knowledge about Ultimate Reality has succeeded only by excluding large areas of phenomena or by declaring, without proof, that they could be reduced to basic theory, which, in this connection, means elementary particle physics.

Paul Karl Feyerabend

As the biggest library if it is in disorder is not as useful as a small but well-arranged one, so you may accumulate a vast amount of knowledge but it will be of far less value than a much smaller amount if you have not thought it over for yourself.

Arthur Schopenhauer

War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses.

Smedley Butler

At first, it was hard to sit down and read the things that people were saying. A lot of people would've worked their way up to this position and would've gotten a thick skin over a few years' time. For me, though, all this happened in a few months.

Carrie Underwood

There is something about the literary life that repels me, all this desperate building of castles on cobwebs, the long-drawn acrimonious struggle to make something important which we all know will be gone forever in a few years, the miasma of failure which is to me almost as offensive as the cheap gaudiness of popular success.

Raymond Chandler