Taking jobs to build up your resume is the same as saving up sex for old age.
Interpretation
Building a resume for future opportunities is as misguided as holding back on life experiences for later use.
Warren Buffett's quote suggests that accumulating experiences merely for the purpose of enhancing one's resume is a fruitless endeavor, akin to saving intimate relationships for a future when one may no longer be able to enjoy them. Life is about actively engaging in experiences and relationships now rather than postponing them for later, as opportunities and vitality may diminish with age.
In practice
This quote can be used in a motivational speech to emphasize the importance of living in the moment.
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.
'Let the Great World Spin' at the end talks a lot about connections and light and possibility and the fact that the world doesn't end. Even in the darkest times, we have to go on.
If I play a stupid girl and ask a stupid question, I've got to follow it through. What am I supposed to do, look intelligent?
What emotions would we experience if we weren't working ourselves to death? What wishes drive us? What fantasies hitch themselves to our continual busyness? Only when we step away from our frenzy can we know.
If I care to listen to every criticism, let alone act on them, then this shop may as well be closed for all other businesses. I have learned to do my best, and if the end result is good then I do not care for any criticism, but if the end result is not good, then even the praise of ten angels would not make the difference.
Highly proactive people don't blame circumstances, conditions, or conditioning for their behavior. Their behavior is a product of their own conscious choice.
It's not uncool to worry about people who seem like they're going on the wrong path. There's nothing cool about being self-destructive.
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