A Quote by Warren Buffett

I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.

Warren Buffett

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Adam Add Also Appears Business Close Comfortable Company Corporate Disagree Down Even Feel First Fraction Fund Ground Inappropriate Karl Leaves Losses Marx Me Merely Middle Middle Ground Once Only Operation Our Point Position Profitability Profitable Proposition Prospect Returns Second Smith Unending Would

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Warren Buffett
American - Businessman
Born: August 30, 1930

I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or "incentives" for skill.

Nassim Nicholas Taleb

I think that's part of the creative process to disagree about certain ideas. But we also agree just as much as we disagree, I would say.

Carla Azar

I think that's part of the creative process to disagree about certain ideas. But we also agree just as much as we disagree, in the band, I would say.

Carla Azar

For both Adam Smith and Karl Marx the essential work of caring for people, starting in early childhood, was "just women's work" - and in their minds not even classified as "productive work."

Riane Eisler

It has taken me a long time to realize where I most disagree with Marx. His assessment of capitalism is far too favorable. He took its instability, inhumanity and irrationality to be signs that it was a merely transitional form, which had delivered into humanity's hands the means to a much better way of life than any that have ever existed on earth. Marx could not bring himself to believe that our species is so benighted, irrational and slavish that it would put up with such a monstrous way of life.

Allen W. Wood

I think that it's a mistake to assume that because you're taking a position from somebody else who you might disagree with - or you know you disagree with on some things - to assume that you disagree with on everything and to not look at each policy on its own merits.

Sharice Davids

No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that every inflation has been accompanied by a rapid increase in the quantity of money and every deflation by a decline in the quantity of money.

Milton Friedman

Never was it [Capitalism] imposed on life as a system, or at all. It grew out of life, not all at once but gradually, and is therefore one of the great natural designs. When it was found and identified by such men as Adam Smith, who wrote its bible, and Karl Marx, who wrote its obituary too soon, it was already working.

Garet Garrett

The most distinguished advocate and the most distinguished critic of modern captialism were in agreement on one essential point: the job makes the person. Adam Smith and Karl Marx both recognized the extent to which people's attitudes and behaviors take shape out of the experiences they have in their work.

Rosabeth Moss Kanter

I don't write jokes first. I write down topics. I think of what I want to talk about, and then I write the jokes - they don't write me... And even if you don't think it's funny, you won't think it's boring. You might disagree, but you'll listen. And maybe even laugh as you disagree.

Chris Rock

As Karl Marx once noted: 'Hegel remarks somewhere that all great, world-historical facts and personages occur, as it were, twice. He forgot to add: the first time as tragedy, the second as farce.' William Jennings Bryan and the Scopes trial was a tragedy. The creationists and intelligent design theorists are a farce.

Michael Shermer

There's a sense in which Marx does contribute to the fund of human knowledge, and we can no more dismiss him than we can [George] Hegel or [Jean-Jacques] Rousseau or [Baruch] Spinoza or [Charles] Darwin; you don't have to be a Darwinian to appreciate Darwin's views, and I don't have to be a Marxist to appreciate what is valid in a number of [Karl] Marx's writings-and Marx would call that a form of simple commodity production rather than capitalism.

Murray Bookchin

And I was very comfortable with this band even when we disagreed. It takes a long time to feel comfortable enough to disagree with somebody. When everything happened, it just was really confusing. It's like our weaknesses were nurtured and brought out front by outsiders.

Edie Brickell

The first thing I would like to tell you about death is that there is no bigger lie than death. And yet, death appears to be true. It not only appears to be true but also seems like the cardinal truth of life - it appears as if the whole of life is surrounded by death. Whether we forget about it, or become oblivious to it, everywhere death remains close to us. Death is even closer to us than our own shadow.

Rajneesh

I've been a faithful reader of the great classical documents of economics, or tried to be. The first book in the field that I ever read was Principles of Economics by Alfred Marshall. I suppose subsequently I would have to pick out Keynes, Adam Smith, Marx.

John Kenneth Galbraith

I realize that a lot of business leaders may disagree with me, but I truly believe that God belongs in what my company does. By putting Him first in my operations, He can bless what I attempt.

David Green

A Quote by Warren Buffett

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