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Quote by Warren Buffett

“If you have a great manager, you want to pay him very well.”

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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“If you understood a business perfectly and the future of the business, you would need very little in the way of a margin of safety. So, the more vulnerable the business is, assuming you still want to invest in it, the larger margin of safety you'd need. If you're driving a truck across a bridge that says it holds 10,000 pounds and you've got a 9,800 pound vehicle, if the bridge is 6 inches above the crevice it covers, you may feel okay, but if it's over the Grand Canyon, you may feel you want a little larger margin of safety.”

Ifs Way Want Needs Feels May Littles Stills Understood Okay Safety Assuming Driving Vulnerable Bridges Pounds Vehicle Inches Truck Margins Canyons Grand Canyon Crevice

Author:Warren Buffett

“If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.”

People Ifs Years Cost Lows Investing Average Fund One Time Index Funds

Author:Warren Buffett

“Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.”

Years Has Beens Gun Size Vices Stealing Pens Fraud Charlie Chairman Accounting Staggering Perpetrators

Author:Warren Buffett

“For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.”

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

“[Heresy is] the dislocation of a complete and self-supporting scheme by the introduction of a novel denial of some essential part therein.”

Self Novel Essentials Denial Schemes Introduction Heresy Dislocation

Author:Hilaire Belloc

“The Catholic Church is an institution I am bound to hold divine - but for unbelievers a proof of its divinity might be found in the fact that no merely human institution conducted with such knavish imbecility would have lasted a fortnight.”

Humans Facts Might Found Church Divine Catholic Institutions Bounds Proof Divinity Catholic Church Unbelievers Imbecility Fortnight

Author:Hilaire Belloc

“The world is full of double beds And most delightful maidenheads, Which being so, there's no excuse For sodomy or self-abuse.”

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Author:Hilaire Belloc

“[A]lways keep a-hold of Nurse For fear of finding something worse”

Author:Hilaire Belloc

“I put my pencil upon the paper, doubtfully, and drew little lines, considering my theme. But I would not long hesitate in this manner, for I knew that all creation must be chaos first, and then gestures in the void before it can cast out the completed thing.”

Firsts Littles Long Lines Creation Paper Chaos Casts Theme Void Gestures Considering Pencils

Book:Delphi Works of Hilaire Belloc (Illustrated)

Source: Delphi Works of Hilaire Belloc (Illustrated)

“That I grow sour, who only lack delight; That I descend to sneer, who only grieve: That from my depth I should contemn your height; That with my blame my mockery you receive; Huntress and splendour of the woodland night, Diana of this world, do not believe.”

World Should Believe Night Grows This World Blame Depth Delight Height Grieving Mockery Sour Diana Sneer Splendour Woodland Huntress

Book:Complete verse [of] H. Belloc: including Sonnets and verse, Cautionary verses, The modern traveller, etc

Source: Complete verse [of] H. Belloc: including Sonnets and verse, Cautionary verses, The modern traveller, etc