We always live in an uncertain world. What is certain is that the United States will go forward over time.
Interpretation
While uncertainty is inherent in life, progress is a certainty for the United States.
Warren Buffett reflects on the nature of uncertainty in the world, emphasizing that despite the unpredictable aspects of life and society, there is a steadfast belief in the United States' ability to progress and evolve over time. This perspective encourages resilience and optimism in the face of challenges.
In practice
During a motivational speech about overcoming challenges in entrepreneurship.
I have no views as to where it will be, but the one thing I can tell you is it won't do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot - and it's a lot - it's a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.
If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. _x000D_ You need to fill your mind with various competing thoughts and decide which make sense.
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Oneβs objective should be to get it right, get it quick, get it out and get it over. Your problem wonβt improve with age.
The success or failure of any historical age is the extent to which those living at that time have fulfilled the special role that history has imposed upon them.
However, without considering this connection, there is no doubt but that more good than evil, more delight than sorrow, arises from compassion itself; there being so many things which balance the sorrow of it.
I hate paying taxes. But I love the civilization they give me
I finally knew... why Christ's prayer in the garden could not be granted. He had been seeded and birthed into human flesh. He was one of us. Once He had become mortal, He could not become immortal except by dying. That He prayed the prayer at all showed how human He was. That He knew it could not be granted showed his divinity; that He prayed it anyhow showed His mortality, His mortal love of life that His death made immortal.
I am the inferior of any man whose rights I trample underfoot.
God defines himself as "I am who I am", which also means: My being is such that I shall always be present in every moment of becoming.
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