A Quote by Warren Buffett

We look for things I can understand. A lot of businesses I don't understand. — © Warren Buffett
We look for things I can understand. A lot of businesses I don't understand.
I think more to the point, these pivotal times means something other than a politician. I understand the economy. I understand the world. I have a lot of foreign policy experience. I understand bureaucracies. I understand technology, and I understand leadership.
I don't criticise anybody, but I just don't understand religion. Like I don't understand nationalism. These are the two things that cause wars. I don't understand why they are supposed to be good things.
I think that there's certain music that instead of saying a lot of different things that are on my psyche, I just say, 'I've aged out.' Because that is the best way of putting it, because a lot of things I simply don't understand and will not understand and can't see any intrinsic value in.
I'm really not a great businessperson. I understand business, and I understand numbers, but I think what I understand more than that is people... Ultimately, I think businesses fail and people fail because they don't have their act together.
We created a whole lot of millionaires to boot. Businesses did just fine. And you know there are plenty of patriotic, successful Americans all across the country -- I meet them every day -- who'd be willing to make this contribution again because they understand there is such a thing as the common good. They understand that we're in this thing together.
You have to go with things that you understand. Businesses that you know.
If you look at America, one of the great strengths of America is its university towns and the way a lot of their businesses and a lot of their innovation and enormous economic growth have come from reducing that gap, getting those universities directly involved in start-up businesses, green field businesses, new development businesses.
I've asked these guys in rock bands with all the 18-wheelers driving to the venue how they make money. I just don't understand it. But I don't understand a lot of things.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
But a lot of businesses out there don't see the return on investment, they look at it as a liability, and until they can understand that proactive security actually returns, gives them a return on investment, it's still a hard sell for people.
As an astronomer, I get to ignore the details of the things that we don't understand. There's a lot of work that we can do on scales that we do understand, and there is actually a finite size that I can associate with a super massive black hole.
Ladies, you may not realize this, understand this, or even believe this, but everything else we do is ultimately for you. Men don't do anything-create art, build businesses, donate to charity, invent things, or do anything noteworthy-for any reason other than to impress women, and thus get them to have sex with us. If women didn't exist, we'd still just be naked grunting apes living in caves. In a very real way, pussy is the key to human civilization. You don't have to like it, but it's a fact; if you understand it, you understand men.
The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.
If you don't understand weapons you don't understand fighting. If you don't understand fighting you don't understand war. If you don't understand war you don't understand history. And if you don't understand history you might as well live with your head in a sack.
As an astronomer, I get to ignore the details of the things that we dont understand. Theres a lot of work that we can do on scales that we do understand, and there is actually a finite size that I can associate with a super massive black hole.
There's a lotta things about me you don't know anything about, Dottie. Things you wouldn't understand. Things you couldn't understand. Things you shouldn't understand.
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