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Quote by Warren Buffett

“As one of my older friends says, "Nostalgia just isn't what it used to be." Let's take a stab at it, anyway.”

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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“One observer commenting on security analysts over forty stated: "They know too many things that are no longer true." As long as I am "on stage", publishing a regular record and assuming responsibility for management of what amounts to virtually 100% of the net worth of many partners, I will never be able to put sustained effort into any non-BPL activity. If I am going to participate publicly. I can't help being competitive. I know I don't want to be totally occupied with out-pacing an investment rabbit all my life. The only way to slow down is to stop.”

“I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.”

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“Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.”

Long Values Term Long Term Intrinsic Value

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“You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.”

Ifs Thinking Should Long Doe Action Term Security Long Term Short Term Unconcerned

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“Many things in your life matter, but only one thing matters absolutely.. It is finding the essence of who you are.”

Matter One Thing Findings Essence Who You Are

Author:Eckhart Tolle

“Free trade is the serial killer of American manufacturing and the Trojan Horse of world government. It is the primrose path to the loss of economic independence and national sovereignty. Free trade is a bright, shining lie.”

“If we love our fellow humans, we cannot limit our insight and our love only to others as individuals...We have to be political people, I would even say passionately involved political people, each of us in the way that best suits our own temperaments, our working lives, and our own capabilities.”

People Ifs Way Humans Political Individual Involved Limits Fellows Insight Suits Capability Our Love Temperament Working Life

Author:Erich Fromm

“Money, not morality, constitutes the principle of commercial nations.”

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Author:Thomas Jefferson

“Good and just society is neither the thesis of capitalism nor the antithesis of communism, but a socially conscious democracy which reconciles the truths of individualism and collectivism.”

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Book:Where Do We Go from Here: Chaos or Community?

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“Writing is really very easy. Tap a vein and bleed onto the page. Everything else is just technical.”

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Book:Walking on Water: Reading, Writing and Revolution

Source: Walking on Water: Reading, Writing and Revolution