Predicting rain doesn't count. Building arks does.
Interpretation
Taking action is more important than merely predicting problems.
This quote emphasizes the importance of proactive measures over mere speculation. It suggests that while it is useful to foresee potential challenges, true effectiveness lies in taking concrete actions to prepare for them rather than just acknowledging their possibility.
In practice
During a motivational speech about entrepreneurship, one might say this quote to inspire taking action.
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.
Perfectionism is the enemy of creation, as extreme self- solitude is the enemy of well- being.
Few things are brought to a successful issue by impetuous desire, but most by calm and prudent forethought.
If you are insecure, guess what? The rest of the world is, too.
I was taught to strive not because there were any guarantees of success but because the act of striving is in itself the only way to keep faith with life.
Optimism is a matter optics, of seeing what you want to see and not seeing what you don't want to see. Hope, on the other hand, is a Christian virtue. It is the unblinking acknowledgment of all that militates against hope, and the unrelenting refusal to despair. We have not the right to despair, and, finally, we have not the reason to despair
It's not because things are difficult that we dare not venture. It's because we dare not venture that they are difficult.
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