Quotable Quotes

Topical.
However bad life may seem, there is always something you can do, and succeed at. While there’s life, there is hope.
Stephen Hawking

And some trivia.He was born 300 years to the day after Galileo died.
He died 139 years to the day that Einstein was born.
 
"The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down."

Warren Buffett: I like airlines because they just 'got a bad century out of the way' - CNBC

Buffett sticks with big airline bet, even as value drops - CNBC

Warren Buffett's bet on airlines lost more than $700 million in sector sell-off - CNBC
 
Perhaps he’s worked out that in the US it’s essentially a tri-opoly now......

He apparently worked out how to lose the better part of a billion dollars by not following his own advice :D

Airline stocks increased when he later said he wouldn’t rule out owning an entire airline. Yet at the same time he said:-

"It’s a business that’s always subject to someone doing something very dumb competitively, and they have done it a lot in the past," Buffett said. "The industry was suicidally competitive for decades."

He continued, "It can turn into fierce competition that wipes out earnings, or it can be a business that’s more decent but still subject to lots of competition. And it’s really hard to know for sure how it will develop."
 
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Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.

Zig Ziglar
 
“Politicians are the same all over. They promise to build a bridge even where there is no river.”
Nikita Khrushchev
 
Americans say some funny things, but this really made me laugh. A lady in Indianapolis said this to me yesterday:

"The Netherlands? I've only read 'bout those in story books!"
 
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It was difficult to take out the AS.
 

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