Munger Quotes 

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
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More Munger Quotes 

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 1988 Chairman's Letter (Quotes)

Tags: Over, years, Charlie, Berkshire, Hathaway, Vice, Chairman, observed, frauds

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