A Quote by Warren Buffett

In the insurance business, there is no statute of limitation on stupidity. — © Warren Buffett
In the insurance business, there is no statute of limitation on stupidity.
Isn't there any statute of limitation in things spiritual? I don't believe any large mind dwells on its sins, any more than on its virtues!
The interesting thing is it's outside the statute of limitations for a civil suit by Leeds. It's actually is not outside of the statute of limitations under the criminal side. Because it occurred on an airplane and federal law doesn't have a statute of limitations I know off for that particular offense.
I moved my business to Mobile Insurance because they simply understand my business better than any other insurance agency. My prior agent didn't really understand my coverage. Mobile Insurance President Kurt Kelley came in and was able to explain those coverage issues in detail to me and my legal counsel. He also saved us money and found us better coverage.
There is no doubt at all that the government monopoly over the insurance business had to end. There is a crying need for better service, more innovation, and a comprehensive insurance cover.
What the insurance companies have done is to reverse the business so that the public at large insures the insurance companies.
The premise of insurance is to spread the risk. It's the premise of homeowner's insurance, of car insurance, and of health insurance. It's one reason why it's important to have insurance when you're healthy, so that when you get sick, you won't go sign up just when you get sick, because that increases the cost for everyone.
Look into the eyes of a chicken and you will see real stupidity. It is a kind of bottomless stupidity, a fiendish stupidity. They are the most horrifying, cannibalistic and nightmarish creatures in the world.
In Madeleine's face was a stupidity Mitchell had never seen before. It was the stupidity of all normal people. It was the stupidity of the fortunate and the beautiful, of everybody who got what they wanted in life and so remained unremarkable.
You can see my decision as either a distinctive factor or as a limitation. I don't feel it is a limitation.
No person whose entire time is spent in the contemplation of limitation can demonstrate freedom from such limitation.
First teach a person to develop to the point of his limitation and then-pfft!-break the limitation.
"Value added" is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing.
Belief in limitation is the one and only thing that causes limitation.
In certain states there's a statute of limitation on women who have been raped. How do you do that to a woman? If they are hiding something for 10 years that they finally have the courage to come forward and talk about, how could you take that away from her? And that person should still be held accountable. There's so much about this that we should always be talking about. There are so many layers. And it happens every day, all the time.
Stupidity—The top of the list for Satanic Sins. The Cardinal Sin of Satanism. It’s too bad that stupidity isn’t painful. Ignorance is one thing, but our society thrives increasingly on stupidity. It depends on people going along with whatever they are told. The media promotes a cultivated stupidity as a posture that is not only acceptable but laudable. Satanists must learn to see through the tricks and cannot afford to be stupid.
Advertising is the best insurance that you can take out on your business. You can buy fire insurance on your stock of goods, but no company will issue a policy covering your business, the good will as they sometimes call it. You must insure yourself, and the best way to do it is by advertising. Good advertising kept up for a number of years gives you something that no fire can take away.
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