Good profits simply are not inconsistent with good behavior.
Interpretation
Profits can be achieved while maintaining ethical behavior in business.
Warren Buffett emphasizes the idea that ethical business practices and generating good profits can coexist. He suggests that making a profit doesn't require unethical behavior; instead, businesses can thrive profitably while also being responsible and acting in the best interests of society.
In practice
In a business conference discussing sustainable practices, one might say, 'As Warren Buffett once said, good profits simply are not inconsistent with good behavior, emphasizing the importance of ethics in our business strategies.'
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.
Don't expect smart people to listen to you without proof.
Nothing in this world is harder than speaking the truth, nothing easier than flattery.
I think that to have known one good, old man-one man, who, through the chances and mischances of a long life, has carried his heart in his hand, like a palm-branch, waving all discords into peace-helps our faith in God, in ourselves, and in each other more than many sermons
Sorrow is a kind of rust of the soul, which every new idea contributes in its passage to scour away. It is the putrefaction of stagnant life, and is remedied by exercise and motion.
When you are unhappy, you are just coming in touch with your own boundaries. Turn the whole situation into a prayer & you will walk through it.
Those convinced against their will are of the same opinion still.
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