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From the article: financial questions “are easy,” as Buffett says. “It’s the human problems that are the tough ones.” Preach. The more I 'practice business' th
by verelo 10y ago
From the article: financial questions “are easy,” as Buffett says. “It’s the human problems that are the tough ones.”
Preach. The more I 'practice business' the more I come to appreciate that the only thing out of your control are people (and that's probably a good thing). Everything else you can structure some kind of deal to resolve, but people are emotional, untrusting, illogical and often good at hiding their true motives.
- valuearb 10y agoI think Buffett would say not just people, but you are emotional, untrusting, illogical and good at hiding your motives from yourself. Thats why he preaches about how you live your life affects the quality of your decisions. He's not on Wall Street for a reason, living in Nebraska shields him from a lot of superfluous nonsense and allows him to focus on factual analysis and decisions.