Warren Buffett has shown you can be very, very successful without being rapacious, while still being honest, without engaging in constant legal battles.

In this quote, Guy Spier, a value investor and author, points to Warren Buffett as an example of how one can achieve great success without resorting to unethical practices like being rapacious (greedy or exploitative). Spier highlights that Buffett has managed to build immense wealth while maintaining a reputation for honesty and integrity, avoiding the need for constant legal battles that often plague other successful business figures. The key idea here is that it’s possible to succeed in the business world by adhering to ethical principles and focusing on long-term, sustainable growth.

Spier’s statement underscores the importance of maintaining moral values in business. While many high-profile business figures are often associated with aggressive or exploitative tactics to maximize profits, Buffett has consistently demonstrated that it is possible to create wealth while treating people fairly and following legal norms. By contrasting Buffett's approach with others who may engage in cutthroat tactics or litigation, Spier advocates for a more principled path to financial success.

The mention of legal battles suggests that Spier is also commenting on the often litigious nature of corporate success, where companies may engage in constant lawsuits or legal maneuvering to protect their interests. Buffett’s ability to build his fortune without being involved in legal disputes reflects his approach to business as one that prioritizes trust, transparency, and long-term thinking over short-term gains or conflicts. This stands as a contrast to the more hostile corporate strategies that can sometimes result in negative reputations and damaged relationships.

The origin of this quote is rooted in Spier’s admiration for Buffett’s investment philosophy and his approach to life. Spier has written extensively on the value of ethical investing and the lessons he has learned from Buffett, especially in his book The Education of a Value Investor. Spier views Buffett not only as a financial role model but also as an example of how to build a successful business empire while staying true to one’s values.