Start Up Blog

Quote from Warren Buffett

Posted in entrepreneurship by Steve Sammartino on September 1, 2009

Here’s a quote for Warren Buffett - who has been consistently among the few richest people in the world for the past 20 years or so.

“To invest successfully over a lifetime does not require a stratospheric IQ, unusual insights, or inside information. What’s needed is sound intellectual framework for making decisions and to keep emotions from eroding that framework.”

buffett-cartoon

Firstly let’s define investing as something which we we see as worth putting a consistent effort into to achieve a long term result.

So it is fair to say we invest in many things such as family, health, finances and business ideas. The key interpretation from the above quote is that it’s not about being an intellectual guru, rather our success will be a function of having a robust framework to work towards. That this information is available to everyone, and if we have to the discipline to stick to it our investments will yield results far beyond our expectation.

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2 Responses

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  1. Quotes Star said, on September 2, 2009 at 3:52 am

    Here’s another great (and similar) one by warren buffet: “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” From Warren Buffett Quotes

  2. Josh Moore said, on September 4, 2009 at 11:36 am

    Reminds me of an old Bible quote ‘Diligent hands build wealth’. Continuously working towards our goals helps us to achieve success.


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