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.
My thing is this; if I'm sick enough to think it, then I'm sick enough to say it.
You've got to be original, because if you're like someone else, what do they need you for?
More than ever before, we need to learn and apply the principles of economic self-reliance. We do not know when the crisis involving sickness or unemployment may affect our own circumstances. We do know that the Lord has decreed global calamities for the future and has warned and forewarned us to be prepared. For this reason the Brethren have repeatedly stressed a 'back to basics' program for temporal and spiritual welfare.
Study and practice are both very important, but they must go hand in hand. Faith without knowledge is not sufficient. Faith needs to be supported by reason. However intellectual understanding that is not applied in practice is also of little use. Whatever we learn from study we need to apply sincerely in our daily lives.
For if you know what you want, and will be content with it, you can be trusted. But if you do not know, your desires are limitless and no one can tell how to deal with you. Nothing satisfies an individual incapable of enjoyment.
Whatever your goal in life, the beginning is knowledge and experience
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