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In the business world, the rearview mirror is always clearer than the windshield.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Vision
Windshield
Business
Buffets
Always
Clearer
World
Imperfection
Investing
Mirror
Mirrors
Investment
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I'll take the deal, whatever you want to do.
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When the brothel burns down, even the pretty girls have to run out.
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It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
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Beware [of] the investment activity that produces applause the great moves are usually greeted by yawns.
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.
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