There are certain things that cannot be adequately explained to a virgin either by words or pictures.
Interpretation
Some experiences are so profound that they cannot be fully conveyed through mere descriptions or images.
Warren Buffett highlights the limitations of language and visuals in communicating certain profound human experiences. This quote suggests that some truths and feelings can only be understood through personal experience, emphasizing the depth of human understanding that goes beyond words and images.
In practice
Using this quote in a speech about the importance of personal experience in learning.
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.
Establish the eternal truth that acquiescence under insult is not the way to escape war.
Never contend with a man who has nothing to lose.
Suppose . . . burglars had made entry into this . . . [library]. Picture them seated here on this floor, pouring the light of their dark-lanterns over some books they found, and thus absorbing moral truths and getting moral uplift. The whole course of their lives would have been changed. As it was, they kept straight on in their immoral way and were sent to jail. For all I know, they may next be sent to Congress.
When Mister Safety Catch Is Not On, Mister Crossbow Is Not Your Friend.
In order that all men may be taught to speak truth, it is necessary that all likewise should learn to hear it; for no species of falsehood is more frequent than flattery, to which the coward is betrayed by fear, the dependent by interest, and the friend by tenderness: those who are neither servile nor timorous are yet desirous to bestow pleasure; and, while unjust demands of praise continue to be made, there will always be some whom hope, fear, or kindness will dispose to pay them.
Anything is a blessing which makes us pray.
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