A Quote by Howard Warren Buffett
You get in a lot of trouble when you start putting fictitious numbers on value. I think to just say, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today. And I think once you start putting phony figures into financial statements, you get in a lot of trouble.
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I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.
I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.
You get in a lot of trouble when you start putting fictitious numbers.
At the end of the day, I think the most conservative principle there is, is giving people a dollar worth of value for a dollar worth of tax paid.
If a thing is worth doing, it is worth doing well. If it is worth having, it is worth waiting for. If it is worth attaining, it is worth fighting for. If it is worth experiencing, it is worth putting aside time for.
The value of a dollar is to buy just things; a dollar goes on increasing in value with all the genius and all the virtue of the world. A dollar in a university is worth more than a dollar in a jail; in a temperate, schooled, law-abiding community than in some sink of crime, where dice, knives, and arsenic are in constant play.
I often think about the idea that augmentation has become the new normal. When you start to augment and filter yourself because you think you should, you're kind of putting your worth in other people's hands, rather than having that worth come from within.
Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
It is unlikely that others would even demand their money back overnight, for doing so would lead to the value of the dollar plummeting; what they would get back with be worth little. But what we are already seeing is an erosion of confidence of the dollar, which is seeing the dollar fall in value.
You get in trouble, you have to evaluate: Is it worth getting into trouble again? It's a lot easier to make that decision when you have a career at stake.
There are no utopia jobs on this earth, .. There's nobody out there that can say, 'I've got the ideal job and there are no problems.' If your self worth is based on what other people think of you, you're in trouble. My self worth is not based on them. My self worth is based on my faith, how I treat others, what I'm doing right for this program and these kids and this coaching staff. Other than that, I understand you're not going to please everybody.
Ask a man how much a dollar is worth, and he'll tell you, 'Almost nothing.' Try to take a dollar away from him, and you'll get yourself a fight.
It is important to be conscious of the message that you're putting out there. It takes a lot of blood, sweat and tears to get a movie to the screen. I do feel a certain element of responsibility to say something worth saying with it, as well as entertainment.
I'm just excited that the fans are going to get their money's worth, and you can't say that a lot of the times.
On a day-to-day basis, you get tired of waiting to be accepted. In show business, someone else has to say that you're good or that you're worth going to see or worth taping a show. There's a lot of pain here. There's a lot of pain inside. I'm a sad, crying-on-the-inside kind of clown.
I'd like to protect children, too, but... is everything worth sacrificing to that? I mean, drugs have done a lot of good... They've midwived a lot of good ideas... lot of great songs, you know? I think "Penny Lane" is worth 10 dead kids... I think Dark Side of the Moon is worth 100 dead kids. There, I said it.
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