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Posts Tagged ‘Warren Buffett’

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel.  These once unthinkable dosages will almost certainly bring on unwelcome after-effects.  Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation.
    —    Warren Buffett
[Government handouts can get you through a non-market caused depression (like the one recently caused by COVID / relief payments), but without an employment plan which improves the general welfare (like a massive infrastructure bill), only the wealthy will benefit when inflation inevitably begins to roar.  Infrastructure will improve the national resource base (bridges, roads, levies, dams, drainage, parks, beaches, river-fronts, water and waste treatment, trains and airports, etc.), it will also provide medium and long-term employment to re-build our middle class.  The longer the delay in passing a major bill, the less time available for its impact to begin before the next election cycle and the greater the opportunity for the “do-nothing” Republicans to blame the lack of progress on Democrats who wanted more than they could deliver and then failed to deliver anything.  The danger is too little and too late.  With or without jobs, inflation is coming (IMHO).  The question is: who will gain from it and who will suffer for it?    —    KMAB]
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On This Day In:
2020 Know Love
2019 Spoiler Alert
2018 Tic-Toc
2017 Explaining Working Class Support For Donald
2016 Not In My Experience
2015 Effort
2014 Honest Wants
2013 Faith, n.
2012 Surprise Me
2011 Confused With Truth

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The smarter the journalists are, the better off society is.  For to a degree, people read the press to inform themselves – and the better the teacher, the better the student body.
    —    Warren Buffett
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On This Day In:
2020 Neither Alone, Nor Lonely
Giving
2019 That’s Why It’s Called Faith
2018 So We Agree, #45 Is Dumb – Too
2017 The Morality Of Spying
2016 He Doesn’t Remind Me Of Me
The First Rule
2015 Free Your Mind And Your Ass Will Follow
The Man Without Fear
2014 I Blame Robocop
2013 Future Trustees
2012 Praise Not The Day…
2011 Educated Living

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I just think that – when a country needs more income and we do, we’re only taking in 15 percent of GDP, I mean, that – that – when a country needs more income, they should get it from the people that have it.
   —    Warren Buffett
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On This Day In:
2020 Steppin’…
2019 Every Vote Counts
2018 Or A President
2017 Pleasures
2016 Why Not?
2015 Je Suis Charlie
2014 To The Nines
2013 Higher And Truer
2012 Life’s Last Question
2011 A Single Heartbeat
A Little Male Humor – WHY MEN SHOULDN’T RETIRE

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We always live in an uncertain world.  What is certain is that the United States will go forward over time.
    —    Warren Buffett
[And the whole world will get through this, too…    —    KMAB]
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On This Day In:
2019 I Asked My Family Doctor Just What I Had
2018 You Have Just Begun To Climb
2017 Equal Protection Under Law
2016 A Stubbornly Persistent Illusion
2015 Or You Don’t
2014 If You Ever Fall…
2013 Glory Days (part 2)
2012 They Follow A Pattern – If You Know What I Mean
What I Live For (Precis)
2011 Giving

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Basically, when you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you.
    —    Warren Buffett
[Happy Birthday to me!    —    KMAB]
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On This Day In:
2019 Living On The Couch
Who Am I – One Interpretation
2018 A Gardening Goal: Feed The Flowers
2017 Freakishly Happy Cowboy
2016 One More, Please
2015 Infinite Adventure
2014 Unpaved
2013 Headstones
2012 Keeping Young
2011 Lessons Well Learned

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You only have to do a very few things right in your life so long as you don’t do too many things wrong.
    —   Warren Buffett
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On This Day In:
2019 Missing Failure
2018 Praise God
2017 Necessary Gaps
2016 Nor My Dogs
2015 Say What?
I’m A Dog, Too!
Beginnings
2014 Astonishing Choices
2013 Three Hard Tasks
2012 The Only Remains
2011 Personal Capability
What Price Failure?
Both Of W’s Elections
Tea (Baggers) Anyone?

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We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a ‘romantic.’
   —    Warren Buffett
[With the Dow at very near an all-time high, a “normal” market “correction” (a 10% drop) will still leave the market above 25,000 which would still be a historic end of year high.  The only questions are when will the correction eventually happen and how far past “normal” it will go?  Okay, three: how long will it last?  Remember, this is the first Presidency to have an 800 point drop in a single day…  Of the top five daily losses in Dow history (roughly 120 years), ALL five have happened during the current Administration.  So far, we’ve recovered from each quickly…   —    KMAB]
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On This Day In:
2018 Dominoes II (Update From Last Year’s Post)
2017 Dominoes
2016 Itchin’
2015 In The Not So Distant Future
2014 Sources
2013 Three Essentials
2012 Just Looking
2011 Religious Lessons
2010 View From Under The Bus… (A mid-term report card on the Obama Administration. Long, but still worth reading for historical perspective.)

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Chains of habit are too light to be felt until they are too heavy to be broken.
   —    Warren Buffett
[And soon, hopefully, just an embarrassingly bad memory…  A genius for marketing one’s self is only useful if – ultimately – there is something in you of value.  Otherwise, with bad luck, you pitiably end up at center stage with no talent to perform.  #GrifterDon was able to make it to center stage.  Under the bright lights, he has wilted and shown us he can’t dance, sing or even perform a soliloquy.   —  KMAB]
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On This Day In:
2018 Good Sense
2017 E Pluribus Unum
2016 Lacking
2015 Chip, Chip, Chip
2014 nom de plume
2013 The Real Reason
From The Book
2012 When Young
2011 14 Ways To A Better Judgement

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Risk comes from not knowing what you’re doing.
  —  Warren Buffett
Price is what you pay.  Value is what you get.
  —  Warren Buffett
Rule No.1:  Never lose money.  Rule No.2:  Never forget rule No.1.
  —  Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield.
  —  Warren Buffett
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On This Day In:
2018 Change Happens
Day 13: Ginger / Mint Relief
2017 Still Removing Bricks
2016 Namaste
2015 Still Learning
2014 Dark Processes
2013 To The Last Link
2012 Slept In Again
2011 Home Again, Naturally
2009 Thoughts after a long day of OT…

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I think that both parties should declare the debt limit as a political weapon of mass destruction which can’t be used.  I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they’re not getting some other matter.
   —    Warren Buffett
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On This Day In:
2018 Satisfied
2017 In The Mind
2016 Dreaming
2015 The Best Medicine Is Also Contagious
2014 Eyes Off
2013 The More Things Change…
2012 The Delicate Moment Of Giving
2011 Ready, Shoot, Aim!!

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You know, people talk about this being an uncertain time.  You know, all time is uncertain.  I mean, it was uncertain back in – in 2007, we just didn’t know it was uncertain.  It was – uncertain on September 10th, 2001.  It was uncertain on October 18th, 1987, you just didn’t know it.
   —    Warren Buffett
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On This Day In:
2018 Satisfied
2017 In The Mind
2016 Dreaming
2015 The Best Medicine Is Also Contagious
2014 Eyes Off
2013 The More Things Change…
2012 The Delicate Moment Of Giving
2011 Ready, Shoot, Aim!!

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Time is the friend of the wonderful company, the enemy of the mediocre.
  —   Warren Buffett
[And some Administration’s are so bad / incompetent / corrupt, we don’t even have to wait for “history”.   —   KMAB]
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On This Day In:
2017 Our Confident New President
2016 Ways
2015 Be Happy, Too
2014 At Least Smile
2013 Comfortably Bound
2012 Certainty
Thinking About Fathers
2011 And In Every Level Of Media

 

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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
  —   Warren Buffett
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On This Day In:
2017 Garden Dreaming
2016 Well, Maybe Not “No” Talent
2015 An Appetite For Life
A Trip To The Library
Great Expectations
2014 Pass The Soul
2013 Zapping Music And Art
2012 Not Quite Fantastic
That Kid Is Back
2011 Wolves At The Door
2010 I’m Feeling Patriotic… (Well, more than usual, anyway.)
Beating the Heat…

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Someone is sitting in the shade today because someone planted a tree a long time ago.
    —    Warren Buffett
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On This Day In:
2017 Wake Up
2016 I Like Dreaming
2015 Importance
2014 Unearned Humility
2013 Science Is Trial And Error
2012 Franklin’s Creed
2011 First Steps
2010 Home Ill…

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Predicting rain doesn’t count.  Building arks does.
     —    Warren Buffett
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On This Day In:
2017 Talent Hates To Move
2016 Looking To November
2015 It Isn’t The End
Prospero’s Precepts
2014 Friends
2013 Learning Bitter
2012 Remembrance, Minstrels & Going Off To War
May I Have More Happiness, Please?
2011 There Is No God, But God
2010 Another Running Book…

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