The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.
Knighterrantry is a most chuckleheaded trade, and it is tedious hard work, too, but I begin to see that there is money in it, after all, if you have luck. Not that I would ever engage in it, as a business, for I wouldn't. No sound and legitimate business can be established on a basis of speculation. A successful whirl in the knighterrantry line--now what is it when you blow away the nonsense and come down to the cold facts? It's just a corner in pork, that's all.
Societies in which we are able to unify ourselves around values and ideals and character and how we treat each other and cooperation and innovation, ultimately are gonna be more successful than societies that don't.
A scheme of which every part promises delight, can never be successful; and general disappointment is only warded off by the defence of some little peculiar vexation.
I think that lawyers are terrible at admitting that they're wrong. And not just admitting it; also realizing it. Most lawyers are very successful, and they think that because they're making money and people think well of them, they must be doing everything right.
Moral values includes the immorality of 45 million uninsured or the immorality of working people who are having trouble raising a family despite working full-time. That has to be part of the moral equation. And if we are able to frame things in that fashion, then I think we can be successful.
He with whom neither slander that gradually soaks into the mind, nor statements that startle like a wound in the flesh, are successful may be called intelligent indeed.
Our popular government has often been called an experiment. Two points in it our people have already settled, the successful establishing and the successful administering of it. One still remains, its successful maintenance against a formidable internal attempt to overthrow it.
All publishers are Columbuses. The successful author is their America. The reflection that they-like Columbus-didn't discover what they expected to discover, and didn't discover what they started out to discover, doesn't trouble them. All they remember is that they discovered America; they forget that they started out to discover some patch or corner of India.
The lives of truest heroism are those in which there are no great deeds to look back upon. It is the little things well done that go to make up a truly successful and good life.
After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] 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 have concentrated on identifying one-foot hurdles that we could step over rather than because we acquired any ability to clear seven-footers.
Truth is, you make albums, and some of those songs are hits, and some of the greatest hits albums have songs that weren't hits. You have a career, the reason why we're still around 10 years is that we do have successful songs.