I wouldn’t mind going to jail if I had three cellmates who played bridge
Interpretation
The quote humorously suggests that companionship can make even the most unpleasant situations enjoyable.
Warren Buffett's quote implies that the quality of relationships can significantly influence one’s experiences, even in challenging circumstances such as being in jail. By highlighting the idea of playing bridge with cellmates, it reflects the importance of friendship and shared interests, suggesting that finding joy in companionship can transform an otherwise negative scenario into a bearable one.
In practice
In a speech about overcoming adversity, you could paraphrase this quote to emphasize the importance of relationships in tough times.
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.
Every man over forty is a scoundrel.
Absurdity is what I like most in life, and there's humor in struggling in ignorance. If you saw a man repeatedly running into a wall until he was a bloody pulp, after a while it would make you laugh because it becomes absurd.
Philanthropist, n.: A rich (and usually bald) old gentleman who has trained himself to grin while his conscience is picking his pocket.
According to a new survey, 40 percent of adults in Mexico say they would move to the United States if they got a chance. The number would have been higher, but the other 60 percent already live here.
You have to have a passionate opinion; otherwise you sound false. You end up telling the audience jokes they've already heard.
Right now I'm having amnesia and deja vu at the same time... I think I've forgotten this before.
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