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In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Sooner
Kitchen
Surface
Difficult
Business
Cockroach
Another
Cockroaches
Problem
Surfaces
Never
Solved
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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A bull market is like sex. It feels best just before it ends.
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The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.
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When people talk about cash being king, it's not king if it just sits there and never does anything.
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