I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.
Warren BuffettRelated topics
adam add business close comfortable company corporate fraction fund ground leaves middle once operation point position proposition prospect second smith subnormal marx losses profitability returnsRelated quotes
According to our social science, we can be or become wise in all matters of secondary importance, but we have to be resigned to utter ignorance in the most important respect: we cannot have any knowledge regarding the ultimate principles of our choices, i. e. regarding their soundness or unsoundness... We are then in the position of beings who are sane and sober when engaged in trivial business and who gamble like madmen when confronted with serious issues.
Leo Strauss
A teacher who can show good, or indeed astounding results while he is teaching, is still not on that account a good teacher, for it may be that, while his pupils are under his immediate influence, he raises them to a level which is not natural to them, without developing their own capacities for work at this level, so that they immediately decline again once the teacher leaves the schoolroom.
Ludwig Wittgenstein
Take myself as a good-will ambassador. I'm great - I'm taking myself as a character - for the intellectuals and the man on the street. I'm great where Douglas Fairbanks, Jr. leaves off. I'm not so good with high society, in either North or South America, because I'm highly unconventional. Perhaps I bewilder people by being at once the esthete, the intellectual and the vulgarian.
Orson Welles
After sleeping through a hundred million centuries we have finally opened our eyes on a sumptuous planet, sparkling with color, bountiful with life. Within decades we must close our eyes again. Isnt it a noble, an enlightened way of spending our brief time in the sun, to work at understanding the universe and how we have come to wake up in it This is how I answer when I am askedas I am surprisingly oftenwhy I bother to get up in the mornings.
Richard Dawkins
If we listened to our intellect we'd never have a love affair. We'd never have a friendship. We'd never go in business because we'd be cynical: «It's gonna go wrong.» Or «She's going to hurt me.» Or, «I've had a couple of bad love affairs, so therefore ...» Well, that's nonsense. You're going to miss life. You've got to jump off the cliff all the time and build your wings on the way down.
Ray Bradbury
