A Quote by Warren Buffett

In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass. — © Warren Buffett
In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.
If I were to search for the central core of difficulty in people as I have come to know them, it is that in the great majority of cases they despise themselves, regarding themselves as worthless and unlovable.
To say then, the majority are wicked, means no malice, no bad heart in the observer, but, simply that the majority are unripe, andhave not yet come to themselves, do not yet know their opinion.
The difference between a leadership and a command company can be very great indeed, because in a hierarchical situation, people who have concerns about reactions against themselves would simply not put forward negative information.
I think the American people are sophisticated enough and wise enough to make judgments about the candidates and wade through the charges and countercharges that come with the [election 2004] campaign.
The Constitution exists precisely so that opinions and judgments, including esthetic and moral judgments about art and literature, can be formed, tested, and expressed. What the Constitution says is that these judgments are for the individual to make, not for the Government to decree, even with the mandate or approval of a majority. Technology expands the capacity to choose; and it denies the potential of this revolution if we assume the Government is best positioned to make these choices for us.
What is needed to pass gay marriage is not a Democratic majority - this past year has proven that to be true - but politicians and judges comfortable enough to ignore what the majority of the voters want and do what is uncomfortable, unpopular - and morally right.
The scientific theorist is not to be envied. For Nature, or more precisely experiment, is an exorable and not very friendly judge of his work. It never says "yes" to a theory. In the most favorable cases it says "Maybe," and in the great majority of cases simply "No." If an experiment agrees with a theory it means for the latter "Maybe," and if it does not agree it means "No." Probably every theory will some day experience its "No" - most theories, soon after conception.
America has enough problems without allowing people to come in, who in many cases, or in some cases, are looking to do tremendous destruction.
I got into being vegan because I was simply looking to benefit from being more compassionate. I have since come to learn that it is an animal-based diet that is responsible for the overwhelming majority of cases of cancer, heart disease, diabetes, obesity, multiple sclerosis, and all kinds of other problems.
Praxeology - economics - provides no ultimate ethical judgments: it simply furnishes the indispensable data necessary to make such judgments.
Preemption is not about the Essure women - it affects all consumers. If someone had a medical device installed, there's no recourse for victims, and the company is protected. If there's a problem, the company gets a pass because they have preemption. It dawned on me the consumer didn't know. The women didn't know that this existed.
Of all the judgments we pass in life, none is more important than the judgment we pass on ourselves.
Scientists have established huge numbers of links between particular diseases and snippets of DNA, but in the great majority of cases, this has not yet been translated into treatments that can help cure patients. These treatments will come - tomorrow, or the day after.
The most powerful way to convince the interviewer that you can do the job is to show how much you already know about the industry, the company, and the products/services of the company. In other words, enchant the interviewer with how much you already know.
As we come to know the seriousness of the situation, the war, the racism, the poverty in our world, we come to realize that things will not be changed simply by words or demonstrations. Rather, it's a question of living one's life in a drastically different way.
You can't do anything sensible until you know what the situation is that you're in.
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