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Quote by Warren Buffett

“Forecasts usually tell us more of the forecaster than of the forecast”

Quote by Warren Buffett

Author

Warren Buffett, born on August 30, 1930, is a renowned investor. Known as the 'Oracle of Omaha,' he is the chairman and CEO of Berkshire Hathaway, a diversified holding company involved in insurance, railroads, energy, finance, and more. Buffett's investment philosophy emphasizes value investing, and he is known for his long-term investment and stable investment strategies. more

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“The greater the potential for reward in the value portfolio, the less risk there is.”

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Book:Warren Buffett on Business: Principles from the Sage of Omaha

Source: Warren Buffett on Business: Principles from the Sage of Omaha

“Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.”

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“Many people are so imprisoned in their minds that the beauty of nature does not really exist for them. They might say, 'What a pretty flower,' but that's just a mechanical mental labeling. Because they are not still, not present, they don't truly see the flower, don't feel it's essence, it's holiness-just as they don't know themselves, don't feel their own essence, their own holiness.”

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“Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. The low-risk, high-uncertainty [situation] gives us our most sought after coin-toss odds. Heads, I win; tails, I don't lose much.”

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Book:The Dhandho Investor: The Low-Risk Value Method to High Returns

Source: The Dhandho Investor: The Low-Risk Value Method to High Returns

“Being rational is a moral Imperative. You should never be stupider than you need to be.”

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“British researchers found that one smile can generate the same level of brain stimulation as up to 2,000 bars of chocolate. The same study found that smiling is as stimulating as receiving up to 16,000 pounds Sterling in cash. That's like 25 grand a smile.”

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Author:Ron Gutman

“Teach by teaching, not by correcting”

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“A life without an objective is much like a ship at sea with no port in mind. It drifts with the waves or storms, or with the whim of the captain. They are tempted to ask, amidst the battles of life, "Is the struggle worth-while?" That attitude lessens the joy of living. They who say that there is no purpose in life are not unhappy, but become dangerous to themselves and others, for they have no safe guide for their actions. Indeed, life has not objective save physical satisfactions, it is empty and valueless.”

“Spiritual power is generated within temple walls, and sent out to bless the world ... Every home penetrated by the temple spirit enlightens, cheers, and comforts every member of the household. The peace we covet is found in such homes. Indeed, when temples are on earth, the whole world shares measurably in the issuing light; when absent, the hearts of men become heavy, as if they said, with the people of Enoch's day, 'Zion is fled'" (See Moses 7:69).”