“After 25 years of buying and supervising a great variety of businesses, Charlie and I have not learned how to solve difficult business problems. What we have learned is to avoid them.”

—  Warren Buffett

1989 Chairman's Letter http://www.berkshirehathaway.com/letters/1989.html
Letters to Shareholders (1957 - 2012)
Context: After 25 years of buying and supervising a great variety of businesses, Charlie and I have not learned how to solve difficult business problems. What we have learned is to avoid them. To the extent we have been successful, it is because we concentrated on identifying one-foot hurdles that we could step over because we acquired any ability to clear seven-footers.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "After 25 years of buying and supervising a great variety of businesses, Charlie and I have not learned how to solve dif…" by Warren Buffett?
Warren Buffett photo
Warren Buffett 146
American business magnate, investor, and philanthropist 1930

Related quotes

Ernest Hemingway photo

“It's none of their business that you have to learn how to write. Let them think you were born that way.”

Ernest Hemingway (1899–1961) American author and journalist

On the loss of a suitcase containing work from his first two years as a writer, as quoted in With Hemingway (1984) by Arnold Samuelson

Barry Diller photo

“What I've learned over the years is that focus and singular purpose is the best approach for businesses.”

Barry Diller (1942) American businessman

The Wall Street Journal: "Barry Diller's Breakup: Why IAC Didn't Work" https://www.wsj.com/articles/SB122334216125810113 (7 October 2008)

Akio Morita photo

“We all learn by imitating, as children, as students, as novices in the world of business. And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.”

Akio Morita (1921–1999) Japanese businessman

Source: Made in Japan (1986), p. 161.

“Teachers need to be trained on how children learn, not only how to solve mathematical problems. They must know how to make learners well understand the New Math and enable them to solve mathematical problems.”

Sukavich Rangsitpol (1935) Thai politician

Teacher

Margaret Atwood photo

“I've learned quite a lot, over the years, by avoiding what I was supposed to be learning.”

Margaret Atwood (1939) Canadian writer

Source: Moral Disorder and Other Stories

Penélope Cruz photo

“The most important lesson I've learned in this business is how to say no.”

Penélope Cruz (1974) Spanish actress

Cinema.com interview (2001)
Context: The most important lesson I've learned in this business is how to say no. I have said no to a lot of temptations, and I am glad I did.

Bhanu Choudhrie photo

“As business leaders, we should resist the temptation to believe that learning stops after a bachelor's degree, an MBA, or a few years in the workplace. We need only be humble enough to accept the wisdom we are offered.”

Bhanu Choudhrie (1978)

"Expanding Your Mind, Growing Your Business" https://www.exed.hbs.edu/testimonials/owner-president-management-bhanu-choudhrie, Harvard Business School (2019)

Richard Strauss photo

“Conducting is, after all, a difficult business – one has to be seventy years of age to realise this fully!”

Richard Strauss (1864–1949) German composer and orchestra director

Recollections and Reflections

Gabrielle Giffords photo

“Our country must be strong enough to solve problems, and that means we must learn how to work together again.”

Gabrielle Giffords (1970) American politician

Comment after winning re-election — [Giffords wins re-election to U.S. House; Kelly says voters have spoken, Sierra Vista Herald, Arizona, November 6, 2010, Bill Hess]

“Why are students learning business from business professors whose businesses failed?”

Christian Canlubo (2002) Filipino Internet Entrepreneur

Christian Canlubo on his twitter https://twitter.com/canlubochris account.

Source: https://twitter.com/canlubochris/status/1236684517823283200 | Christian Canlubo personal Twitter account

Related topics