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.
I celebrated Thanksgiving in an old-fashioned way. I invited everyone in my neighborhood to my house, we had an enormous feast, and then I killed them and took their land.
There's a difference between being a comic and a comedian. A comic is a guy who says funny things, and a comedian is a guy who says things funny, and he has a style and point of view that will last much longer.
Seriously, I've just realized that almost everyone is a fraud, so I try not to feel too bad about it.
I may be drunk, Miss, but in the morning I will be sober and you will still be ugly.
There are worse things in life than death. Have you ever spent an evening with an insurance salesman?
There is a monsterous deal of stupid quizzing, & common-place nonsense talked, but scarcely any wit.
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