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Just a month after the completion of the Declaration of Independence, at a time when he delegates might have been expected to occupy themselves with more pressing concerns -like how they were going to win the war and escape hanging- Congress quite extraordinarily found time to debate business for a motto for the new nation. (Their choice, E Pluribus Unum, "One from Many", was taken from, of all places, a recipe for salad in an early poem by Virgil.) ↗
Some false representations contravene the law; some do not. The law does not pretend to punish everything that is dishonest. That would seriously interfere with business, and, besides, could not be done. The line between honesty and dishonesty is a narrow, shifting one and usually lets those get by that are the most subtle and already have more than they can use. ↗
Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American. ↗
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Once it was the fashion to represent villages as places inhabited by laughable, livable simpletons, unspotted by the worldliness of city life, though occasionally shrewd in rural concerns. Later it was the popular thing to show villages as rotten with vice, and especially such sexual vice...incest, sodomy, bestiality, sadism, and masochism were supposed to rage behind lace curtains and in the haylofts, while a rigid piety was professed in the streets. ↗
I have always looked upon a telephone as an official kind of machine which you prepared for with fasting and prayer, and only had recourse to when strictly necessary for important business. ↗
The Tanakh teaches that, “The diligent will rule, while the lazy will be put to forced labor”. Most Jews work for themselves and hire employees instead of being employees. ↗
We become neighbors when we are willing to cross the road for one another. (...) There is a lot of road crossing to do. We are all very busy in our own circles. We have our own people to go to and our own affairs to take care of. But if we could cross the road once in a while and pay attention to what is happening on the other side, we might indeed become neighbors. ↗
