本日佳句 - A kindly reminder
Posted in Investment, Quote on Nov 30th, 2008
Warren thought of all businesses this way. The employees who managed the business shared in earnings that their labor produced. But they were accountable to their owners who got the gains as the value of the business increased.
Of course, if the employee bought stock themselves, they became owners, too, and partners with the other capitalists. But no matter how much stock they owned, as employees their job required them to report to the owners on how well they had done. - (p.131, The Snowball)
本日感想：Be the owner, or be the labor.
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