Warren Buffett: Avoid difficult problems rather than solve them

Warren Buffett speaking to a group of students...

Warren Buffett speaking to a group of students from the Kansas University School of Business (Photo credit: Wikipedia)

“Easy does it. After 25 years of buying and supervising a great variety of businesses, Charlie and I have not learned how to solve difficult business problems. What we have learned is to avoid them. To the extent we have been successful, it is because we concentrated on identifying one-foot hurdles that we could step over rather than because we acquired any ability to clear seven-footers.” Warren Buffett

Quote of the day:
Who is rich? He that is content. Who is that? Nobody. – Benjamin Franklin

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Piet Hein and Joyce Carol Oates

Piet Hein (Kumbel) in front of the H.C.

Image via Wikipedia

 

Philosophers / must ultimately find / their true perfection / in knowing all / the follies of mankind / – by introspection. –Piet Hein, poet and scientist (1905-1996)

Homo sapiens is the species that invents symbols in which to invest passion and authority, then forgets that symbols are inventions. -Joyce Carol Oates, writer (b. 1938)

Source: http://www.wordsmith.org

MK (Mahatma) Gandhi: Contraband

Morality is contraband in war. –Mahatma (Mohandas K. )Gandhi (1869-1948)

Mohandas K. Gandhi (1869-1948), political and ...

Mohandas K. Gandhi (1869-1948), political and spiritual leader of India. Location unknown. Français : Mohandas Karamchand Gandhi (1869-1948), Guide politique et spirituel de l’Inde. Lieu inconnu. (Photo credit: Wikipedia)

Albert Einstein: Ethical behavior

Albert Einstein during a lecture in Vienna in ...

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A man’s ethical behavior should be based effectually on sympathy, education, and social ties; no religious basis is necessary. Man would indeed be in a poor way if he had to be restrained by fear of punishment and hope of reward after death. –Albert Einstein, physicist, Nobel laureate (1879-1955)

Peter Lynch: Terrific investment

If you can find a company that can get away with raising prices year after year without losing customers (an addictive product such as cigarettes fills the bill), you’ve got a terrific investment.”Peter Lynch

 

MK Gandhi and Cyril Connolly

Map of Obesity in Adult Females (% of adult po...

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Map of Obesity in Adult Males (% of adult popu...
Gandhi on Juhu Beach, Mumbai, May 1944.

Obesity is a mental state, a disease brought on by boredom and disappointment. –Cyril Connolly, critic and editor (1903-1974)

Poverty is the worst form of violence. –Mohandas K. Gandhi (1869-1948)

http://www.wordsmith.org