The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.
Interpretation
Investing in education is the most valuable decision a young person can make because knowledge endures.
Warren Buffett emphasizes that the most significant investment for a young person is not monetary assets but rather the knowledge they acquire through education. He believes that while financial resources and relationships may be fleeting, the wisdom and understanding gained through learning are permanent, providing a foundation for lifelong growth and success.
In practice
In a graduation speech to inspire young graduates.
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.
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
This pedagogy makes oppression and its causes objects of reflection by the oppressed, and from that reflection will come their necessary engagement in the struggle for their liberation. And in the struggle this pedagogy will be made and remade
I didnt go to film school, i went to films
Coaching is the great passion of my life, and the job to me has always been an opportunity to work with our student athletes and help them discover what they want.
It's not who you're going to sit beside at school that matters now: it's what resources will your school have.
The pupil is ... 'schooled' to confuse teaching with learning, grade advancement with education, a diploma with competence, and fluency with the ability to say something new.
Hitherto I have courted Truth with a kind of Romantick Passion, in spite of all Difficulties and Discouragements: for knowledge is thought so unnecessary an Accomplishment for a Woman, that few will give themselves the Trouble to assist us in the Attainment of it.
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