Ironically, though, this is also the purchase in which I made my biggest mistake - of a kind, however, never recognized on financial statements. We paid $600 million in 1989 for Gillette preferred shares that were convertible into 48 million (split-adjusted) common shares. Taking an alternative route with the $600 million, I probably could have purchased 60 million shares of common from the company. The market on the common was then about $10.50, and given that this would have been a huge private placement carrying important restrictions, I probably could have bought the stock at a discount of at least 5%. I can't be sure about this, but it's likely that Gillette's management would have been just as happy to have Berkshire opt for common. But I was far too clever to do that.
Originally asked
Vox, to writers and thinkers, 9 Questions, 2017
Vox's fixed 9 Questions format asks this verbatim across respondents.
You answer as yourself. Nobody on FLAPSS answers as anybody else.
Sean Illing, Vox, “9 questions” series, 27 May 2017 source ↗
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View all 20 →My very wise and politically savvy 17-year-old daughter says I get too emotional about political issues. I think she’s right. She knows that if she sees me race across a room, I have just read something about Trump. Turning ideas into feelings is the thing an essayist is supposed to do, but political punditry should probably be more detached.
Overthinking. I tend to conflate the amount of time spent on something with how good it is. Sometimes intuition is better than proof, and gut instinct better than hours of “work.”
I probably want to be liked too much. This is one difference between me and Steve Levitt . Steve Levitt is also much smarter than me and much more successful than me. And that doesn’t bother me at all, but he said he also doesn’t care what anyone thinks about him, or doesn’t seem to care what anyone thinks about him. I actually do care what people think about me. I’d quite like people to think I’m a nice guy, so I’m probably self-censoring at times. Say, maybe I won’t say that because people wouldn’t like that. And that’s probably a fault in a newspaper columnist — you probably shouldn’t care what people think about you, but that’s the way it is.
More from Chimamanda Ngozi Adichie
View profile →To get this prize, I was required to talk about how important a particular European feminist woman writer had been to me. Now the truth was that I had never managed to finish this feminist writer’s book. It did not speak to me. It would have been a lie to claim that she had any major influence on my thinking. […] I could have said that this woman was important to me, and I could have talked the talk, and I could have been given the prize and a shiny present. But I didn’t.
All over the world, girls are raised to be make themselves likeable, to twist themselves into shapes that suit other people. Please do not twist yourself into shapes to please. Don’t do it. If someone likes that version of you, that version of you that is false and holds back, then they actually just like that twisted shape, and not you.
But after one year of medical school I fled. I realized I would be a very unhappy doctor and I really did not want to be responsible for the inadvertent death of my patients. Leaving medical school was a very unusual decision, especially in Nigeria where it is very difficult to get into medical school. Later, people told me that it had been very courageous of me, but I did not feel courageous at all. What I felt then was not courage but a desire to make an effort. To try.
The Wall Street Journal editorial page, because I imagine it to be what the thoughtful American right reads.
I also knew that victimhood is not a virtue. That being discriminated against does not make you somehow morally better.
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