> Warren Buffett Blog: Frugal lifestyle and cost priority at Berkshire

Tuesday, December 24, 2013

Frugal lifestyle and cost priority at Berkshire

We cherish cost-consciousness at Berkshire. Our model is the widow who went to the local newspaper to place an obituary notice. 

Told there was a 25-cents-per-word charge, she requested, 'Fred Brown died.' 

She was then informed there was a seven-word minimum. 'OK,' the bereaved woman replied, 'make it 'Fred Brown died, golf clubs for sale'.