Just because Charlie and I can clearly see dramatic growth ahead for an industry does not mean we can judge what its profit margins and returns on capital will be as a host of competitors battle for supremacy. At Berkshire we will stick with businesses whose profit picture for decades to come seems reasonably predictable. Even then, we will make plenty of mistakes.
Warren BuffettRelated topics
battle capital growth host industry judge mean picture plenty predictable profit see stick supremacy berkshire charlie returnsRelated quotes
Whenever I become discouraged (which is on alternate Tuesdays, between three and four) I lift my spirits by remembering: The artists are on our side! I mean those poets and painters, singers and musicians, novelists and playwrights who speak to the world in a way that is impervious to assault because they wage the battle for justice in a sphere which is unreachable by the dullness of ordinary political discourse.
Howard Zinn
We live in an enlightened age, however, an age that has learned to see and to value other living things as they are, not as we wish them to be. And the long and creditable history of science has taught us, if nothing else, to look carefully before we judge-to judge, if we must, based on what we see, not what we would prefer to believe.
Robert Charles Wilson
It is terrible to see how a single unclear idea, a single formula without meaning, lurking in a young man's head, will sometimes act like an obstruction ... in an artery, hindering the nutrition of the brain, and condemning its victim to pine away in the fullness of his intellectual vigor and in the midst of intellectual plenty.
Charles Sanders Peirce
I am for lasting peace... United, I believe, we can win the battle for peace. But it must be a different peace, one with full recognition of the rights of the Jews in their one and only land: peace with security for generations and peace with a united Jerusalem as the eternal, undivided capital of the Jewish people in the state of Israel forever.
Ariel Sharon
Yes, yes, I see it all! - an enormous social activity, a mighty civilization, a profuseness of science, of art, of industry, of morality, and afterwords, when we have filled the world with industrial marvels, with great factories, with roads, museums and libraries, we shall fall exhausted at the foot of it all, and it will subsist - for whom? Was man made for science or was science made for man?
Miguel de Unamuno
