A Quote by Warren Buffett

If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble. — © Warren Buffett
If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
No one wants to be picked at. At the end of the day, we're all human beings with feelings and emotions. Nobody wants to be critiqued and picked apart, but it's the nature of the business. It comes with the territory. For me, if they're not talking about you, that's where you can run into some trouble.
The place where we don't agree is on whether there should be some restraint on insurance companies and whether they should be allowed to run wild. We believe there should be some restraint; some on the other side don't think so.
On Day One, a start-up is a faith-based initiative built on guesses.
So much business is based on the belief that we should do whatever we can within legal limits to make as much money as we can. Ben & Jerry's was based on values, and we try to operate a business that not just sells ice cream but partners with all our stakeholders - whether that's suppliers or customers - to bring about a more sustainable world.
I will not sleep fine if Donald Trump wins and I will not sleep fine is Hillary Clinton wins. Whether you are looking at nuclear weapons, whether you are looking at expanding wars and their blowback, which will not stop as long as those wars continue to expand, or whether you're looking at the climate, in my view, we have no choice. This is an existential moment. We are deciding not only what kind of world we will have, but whether we will have a world or not. I think it's very important to get outside this box that tells us we are powerless, when in fact, we are powerful.
Men have physical needs, and they have emotions. While physical needs are unsatisfied, they take first place; but when they are satisfied, emotions unconnected with them become important in deciding whether a man is to be happy or unhappy.
Nobody in Maine should be deciding between whether they go to a doctor, whether they buy their medicine or whether they're putting food on the table.
The bottom line in managing your emotions is that you should put others – not yourself – first in how you handle and process them. Whether you delay or display your emotions should not be for your own gratification. You should ask yourself, What does the team need? Not, What will make me feel better?
Committee, n.: A group of people that, when given the task of deciding whether to start array indices from either 0 or 1, compromises to declare that they are to start from 0.5.
Whether they run a record company or a grocery store, every boss will tell you you're in big trouble if you're borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We've got to start getting the deficit down right now, not next year.
Thirty years of spiritual practice has given me the realization that emotions are based on our perceptions, whether or not they are based on reality.
According to who brings an issue to the table, people will get up and support it. It shouldn't be based on that. It should be based on whether the kids are performing or not.
I don't think telling the truth ever gets anyone in trouble in the long run. Maybe the day after, but not in the long run.
You might indeed be able to provide this money that people need to start a business, but can they run a business? This new consolidated agency [National Empowerment Fund] focuses on that matter of preparing people so that they can run business successfully.
I've always been about honesty, whether on the radio, whether I did a movie, whether I wrote a book. As long as you're honest, you don't lose your edge.
I also want to raise the possibility that there are, in the very long term, "virtue effects" in economics- for instance that widespread corrupt accounting will eventually create bad long term consequences as a sort of obverse effect from the virtue-based boost double-entry book-keeping gave to the heyday of Venice. I suggest that when the financial scene starts reminding you of Sodomand Gomorrah, you should fear practical consequences even if you like to participate in what is going on.
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