A Quote by Warren Buffett

If book knowledge made great investors, than the librarians would all be rich. — © Warren Buffett
If book knowledge made great investors, than the librarians would all be rich.
If knowing history made you rich, librarians would be billionaires.
Librarians lend people books from the library. The best librarians are children's book librarians.
I was rescued by librarians. It was librarians who said 'maybe you would like to read The Hardy Boys as well as Nancy Drew.' It is true for me, as for so many countless others, that librarians saved my life, my internal life.
Most people don't realize how important librarians are. I ran across a book recently which suggested that the peace and prosperity of a culture was solely related to how many librarians it contained. Possibly a slight overstatement. But a culture that doesn't value its librarians doesn't value ideas and without ideas, well, where are we?
Librarians are hot. They have knowledge and power over their domain...It is no coincidence how many librarians are portrayed as having a passionate interior, hidden by a cool layer of reserve. Aren't books like that? On the shelf, their calm covers belie the intense experience of reading one. Reading inflames the soul. Now, what sort of person would be the keeper of such books?
One of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.
Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information
Spend the first six to 12 months building a great product or service that people love, rather than chasing investors. When the time comes to engage investors, you will be meeting them from a position of strength. This makes all the difference.
Librarians open up the world. Knowledge is useless if you don't even know where to begin to look. How much more can you discover when someone can point you in the right direction, when someone can maybe even give you a treasure map, to places you may not have even thought you were allowed to go? This is what librarians do.
Despite popular theories, I believe people fall in love based not on good looks or fate but on knowledge. Either they are amazed by something a beloved knows that they themselves do not know; or they discover a common rare knowledge; or they can supply knowledge to someone who's lacking. Hasn't everyone found a strange ignorance in someone beguiling? . . .Nowadays, trendy librarians, wanting to be important, say, Knowledge is power. I know better. Knowledge is love.
I said I didn't think it would be a collectivist state so much as a wilderness in which most people lived hand to mouth, and the rich would live like princes - better than the rich had ever lived, except that their lives would constantly be in danger from the hungry predatory poor. All the technology would serve the rich, but they would need it for their own protection and to assure their continued prosperity.
More than anything in this world, I wish I had been born rich. It would have made up for everything. I'd still be ugly, sure, but I'd be rich and ugly. I'd still be weak and dim and tongue-tied with women, but I'd be rich enough for them not to care. I'd no longer be a social misfit, I'd be eccentric. And most of all, I'd no longer be what I was, I'd be something different.
Too often, investors are the target of fraudulent schemes disguised as investment opportunities. As you know, if the balance is tipped to the point where investors are not confident that there are appropriate protections, investors will lose confidence in our markets, and capital formation will ultimately be made more difficult and expensive.
I would much rather be known as the mother of a great son than the author of a great book or the painter of a great masterpiece.
Investors are employees you can never hire. We made sure to pick investors that thought like us.
If you go back, 'The Great Gatsby' would be a portrait of the rich and fortune made by business.
This site uses cookies to ensure you get the best experience. More info...
Got it!