Intensity is the price of excellence.
Interpretation
Achieving greatness requires a significant level of dedication and effort.
Warren Buffett's quote emphasizes that to attain excellence in any field, one must be willing to invest their energy and focus intensely. This suggests that mediocrity is the result of half-hearted efforts, while true success demands a commitment to high standards and relentless work.
In practice
Use this quote during a motivational speech to inspire a team towards excellence.
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.
I'm not really keen on comebacks. Eurythmics was an incredible thing. When I look back on that work, I feel very satisfied with it.
The greatest thrill in my life was to represent the United States of America.
The question is not whether the formula for success will work, but rather whether the person will work the formula.
It doesn't matter how many times you fail. You only have to be right once and then everyone can tell you that you are an overnight success.
I know how gratifying it is not only to work in film but to be acknowledged by peers; producing 9 to 5 was an opportunity that I valued precisely because itβs so rarely in the hands of women.
To have a successful career, you have to approach it as an entrepreneur, even if you are working for someone else. Your career is your own private business. You have to market yourself and your abilities and knowledge just as you would a product or service.
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