A Quote by Warren Buffett
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
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To be yourself requires extraordinary intelligence. You are blessed with that intelligence; nobody need give it to you; nobody can take it away from you. He who lets that express itself in its own way is a "Natural Man".
You don't need every investor to believe that you can succeed. You only need one.
Emotional intelligence, more than any other factor, more than I.Q. or expertise, accounts for 85% to 90% of success at work... I.Q. is a threshold competence. You need it, but it doesn't make you a star. Emotional intelligence can.
When you give away a little piece of your heart, you're giving away the only thing you can give away, which, after you do, you got more left than you had before you gave some of it away.
Being a good private equity investor is more complicated than it seems. I would say that there are a few characteristics that are important. If you look at the skill set that you need to ultimately be a successful private equity investor, at least at the senior level, you have to be, in this business, a good investor. You have to be able to help companies perform and you have to have judgment around exiting investments. If you look at the skill sets there, they include some things you can teach and some that you can't.
If you have more money than you need, you have to give it away. It's a duty. I get to choose whom to sponsor, and I like to give to the areas that I know something about.
Travel is like a tonic to me. It's more than just getting away from the studio for a brief rest. I need it to recharge my batteries.
This [2016] election was lost because a total of 70,000 people - out of 120-130 million votes - in the Rust belt, but as a result America is in the calamity.
I think Churchill would have thought it extraordinary that we would have thought ourselves so successful, so powerful, so well thought of in the world that we could afford to give up this extraordinary relationship we have in this great European Union.
There's a popular concept of 'intelligence' as book smarts, like calculus or chess, as opposed to, say, social skills. So people say that 'it takes more than intelligence to succeed in human society.' But social skills reside in the brain, not the kidneys.
Avarice, greed, concupiscence and so forth are all based on the mathematical truism that the more you get, the more you have. The remark of that it is more blessed to give than to receive is based on the human truth that the more you give away in love, the more you are. It is not just for the sake of other people that tells us to give rather than get, but for our own sakes too.
Whatever you think about his intelligence, what's unquestionable is that Reagan had extraordinary emotional intelligence. He could sense the temperature of a room, and tell them a story and make them feel good. And that's more fun, right? It's more fun to feel good than feel bad. That's part of our human state.
A price decline is of no real importance to the bona fide investor unless it is either very substantial say, more than a third from cost or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected.
Some persons can give themselves away to an ambitious pursuit and have that be all the giving-themselves-away-to-something they need to do. Though sometimes this changes as the players get older and the pursuit more stress-fraught. American experience seems to suggest that people are virtually unlimited in their need to give themselves away, on various levels. Some just prefer to do it in secret.
For me, it's more important to bring my level up and make sure that I can compete against guys in the top 100 and top 50 instead of maybe being 120 or 130 and not being able to compete with those guys.
When we have some horrible terrorist attacks happen in some country we see in the recording that follows, that the intelligence community already knew about these people in advance. We know that these countries were involved in intelligence sharing premiums, that they benefited from mass surveillance, and yet they didn't stop the attacks. Yet at the same time we immediately see intelligence officials running to the newspapers and claiming that we need more surveillance, that we need more intrusion, that we need more expense of powers because it could have stopped an attack.
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