A Quote by Warren Buffett

To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.

Warren Buffett

Quote Topics

Accounting Arcane Companies Concentrate Mathematics Should Successful World

Quote Author

Warren Buffett
American - Businessman
Born: August 30, 1930

To criticize mathematics for its abstraction is to miss the point entirely. Abstraction is what makes mathematics work. If you concentrate too closely on too limited an application of a mathematical idea, you rob the mathematician of his most important tools: analogy, generality, and simplicity. Mathematics is the ultimate in technology transfer.

Ian Stewart

Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems.

Milton Friedman

I learnt to distrust all physical concepts as the basis for a theory. Instead one should put one's trust in a mathematical scheme, even if the scheme does not appear at first sight to be connected with physics. One should concentrate on getting interesting mathematics.

Paul Dirac

Mathematics is less related to accounting than it is to philosophy.

Leonard Adleman

If life was so easy that you could just go buy success, there would be a lot more successful companies in the world. Successful enterprises are built from the ground up.

Lou Gerstner

Too many companies waste time trying to eliminate their employees' weaknesses when, in fact, they should concentrate on developing their strengths.

Marcus Buckingham

Professional accountants should use that influence to encourage the companies they serve to think long term and integrate sustainable development goals into their accounting, such as by including a natural capital account, which I have heard is gaining ground.

Kofi Annan

When the world is mad, a mathematician may find in mathematics an incomparable anodyne. For mathematics is, of all the arts and sciences, the most austere and the most remote, and a mathematician should be of all men the one who can most easily take refuge where, as Bertrand Russell says, "one at least of our nobler impulses can best escape from the dreary exile of the actual world."

G. H. Hardy

If you think about companies that were built in Silicon Valley, a lot of them early on were chip companies. And now the companies that are there, like Apple, are much more successful than any of the chip companies were.

Mark Zuckerberg

If you ask ... the man in the street ... the human significance of mathematics, the answer of the world will be, that mathematics has given mankind a metrical and computatory art essential to the effective conduct of daily life, that mathematics admits of countless applications in engineering and the natural sciences, and finally that mathematics is a most excellent instrumentality for giving mental discipline... [A mathematician will add] that mathematics is the exact science, the science of exact thought or of rigorous thinking.

Cassius Jackson Keyser

We should take comfort in two conjoined features of nature: first, that our world is incredibly strange and therefore supremely fascinating, second, that however bizarre and arcane our world might be, nature remains potentially comprehensible to the human mind.

Stephen Jay Gould

In a world of widely distributed knowledge, companies cannot afford to rely entirely on their own research, but should instead buy or license processes or inventions (i.e. patents) from other companies. In addition, internal inventions not being used in a firm’s business should be taken outside the company.

Henry Chesbrough

You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself

Warren Buffett

Companies want to innovate. Companies that don't innovate wither on the vine. The connection between STEM fields (science, technology, engineering, and mathematics) and the financial stability of a nation is what needs to established.

Neil deGrasse Tyson

Can companies just claim a total lack of political responsibility in how their technology is used in all instances? It's something that companies should be thinking about when they sell their technologies around the world.