A Quote by Warren Buffett

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs. — © Warren Buffett
The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.
In a free society the state does not administer the affairs of men. It administers justice among men who conduct their own affairs.
It should make people nervous when non-transparent regimes, that have announced that they've got nuclear warheads, fire missiles. This is not the way you conduct business in the world. This is not the way that peaceful nations conduct their affairs.
The step between prudence and paranoia is short and steep. Prudence wears a seat belt. Paranoia avoids cars. Prudence washes with soap. Paranoia avoids human contact. Prudence saves for old age. Paranoia hoards even trash. Prudence prepares and plans, paranoia panics. Prudence calculates the risk and takes the plunge. Paranoia never enters the water.
The rest of the world cares about how we conduct our affairs because they then take that lead. We're the only leader in the world today. Some are wishing us well, others think that we're down and are not going to get back up again, but they are all watching with great interest to see how we conduct our business over the next couple of years.
Science is the search for the truth--it is not a game in which one tries to beat his opponent, to do harm to others. We need to have the spirit of science in international affairs, to make the conduct of international affairs the effort to find the right solution, the just solution of international problems, and not an effort by each nation to get the better of other nations, to do harm to them when it is possible. I believe in morality, in justice, in humanitarianism.
The rest of the world cares about how we conduct our affairs because they then take that lead. Were the only leader in the world today. Some are wishing us well, others think that were down and are not going to get back up again, but they are all watching with great interest to see how we conduct our business over the next couple of years.
Absence of thought is indeed a powerful factor in human affairs, statistically speaking the most powerful, not just in the conduct of the many but in the conduct of all.
Affairs are easier of entrance than of exit; and it is but common prudence to see our way out before we venture in.
The world is filled with the proverbs and acts and winkings of a base prudence, which is a devotion to matter, as if we possessedno other faculties than the palate, the nose, the touch, the eye and ear; a prudence which adores the Rule of Three, which never subscribes, which never gives, which seldom lends, and asks but one question of any project,--Will it bake bread?
If the prudence of reserve and decorum dictates silence in some circumstances, in others prudence of a higher order may justify us in speaking our thoughts.
If a man of good natural disposition acquires Intelligence [as a whole], then he excels in conduct, and the disposition which previously only resembled Virtue, will now be Virtue in the true sense. Hence just as with the faculty of forming opinions [the calculative faculty] there are two qualities, Cleverness and Prudence, so also in the moral part of the soul there are two qualities, natural virtue and true Virtue; and true Virtue cannot exist without Prudence.
If proper in their own conduct, what difficulty would they have in governing? But if not able to be proper in their own conduct, how can they demand such conduct from others?
The United States has made serious mistakes in the conduct of its foreign affairs, which have had unfortunate repercussions long after the decisions were taken.
What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom.
Imprudence relies on luck, prudence on method. That gives prudence less edge than it expects.
Romance is a bird that will not sing in every bush, and love-affairs, however devoted the sentiments that inspire them, are often so business-like in the prudence with which they are conducted, that romance is reduced to a mere croaking or a disgusted silence.
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