A Quote by Warren Buffett
I always invest in companies an idiot could run, because one day one will.
Related Quotes
Invest in businesses any idiot could run, because someday one will.
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
What is too popular may not be profitable. Don't invest in B2C companies, instead invest in B2B companies.
I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.
You could have the best run of your life and lose a race because somebody has a better day. Or you could have the worst run and win.
Shareholder value theory - the destructive idea that companies should be run solely for the benefit of shareholders - has led to financialized businesses that do not invest in the areas that will lead to future growth or the invention of useful new products.
We're the only developed country in the world that doesn't have paid maternity leave. Paternity leave is just as important. Paid family medical leave so that you can take care of a parent, a child, a grandparent, whatever you need to do. I think we're shortsighted when we don't invest in our employees as companies, and as an economy, because we invest in them and they invest back in us.
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
Insurance companies don't necessarily want to invest in your wellnes because you're likely to switch insurance companies within 10 years. They don't benefit from their investment in you.
When companies fail, or fail to grow, it's almost always because they don't invest in the people, the systems, and the processes they need.
Where you have complexity, by nature you can have fraud and mistakes. You'll have more of that than in a company that shovels sand from a river and sells it. This will always be true of financial companies, including ones run by governments. If you want accurate numbers from financial companies, you're in the wrong world.
Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens or digital assets, and those include assets that people are familiar with, like bitcoin and ethereum, as well as very early-stage projects.
Galileo was no idiot. Only an idiot could believe that science requires martyrdom - that may be necessary in religion, but in time a scientific result will establish itself.
I always felt like if you get to a point where you've got enough money to invest in something real, you gotta invest in anything that's related to a natural resource because that's gonna be here forever - so you might as well invest in something that's gonna be here, rather than invest in something that's gonna wear out.
In China, if they open the markets, it will force local companies to compete with international players, and the local companies will benefit in the long run.
I always invest my own money in the companies that I create. I don't believe in the whole thing of just using other people's money. I don't think that's right. I'm not going to ask other people to invest in something if I'm not prepared to do so myself.
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