You can't produce a baby in one month by getting nine women pregnant.
Interpretation
Complex tasks take time and cannot be rushed by adding more resources.
This quote by Warren Buffett uses the analogy of pregnancy to illustrate that certain processes require their own time to develop and cannot be expedited by simply increasing effort or resources. Just as a baby takes nine months to grow regardless of how many women are pregnant, some projects and goals are inherently time-bound, emphasizing the importance of patience and understanding the natural timeline of development.
In practice
In a meeting discussing project timelines, one could use this quote to emphasize the importance of realistic deadlines.
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.
With parsimony a little is sufficient; without it nothing is sufficient; but frugality makes a poor man rich.
Control is illusory. No matter what university you go to, no matter what degree you hold, if your goal is to becomes master of your own destiny, you have more to learn.
Excellence is to do a common thing in an uncommon way.
A new day is here. Yesterday is a memory. Tomorrow is unknown. Now is the knowing.
I don't trust my inner feelings, inner feelings come and go.
When I was younger, I was impressed by those who were educated, accomplished, successful, and applauded by the world. But over the years, I have come to the realization that I am far more impressed by those wonderful and blessed souls who are truly good and without guile.
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