You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?
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.
Don’t be overwise; fling yourself straight into life, without deliberation; don’t be afraid - the flood will bear you to the bank and set you safe on your feet again.
I love the ground under his feet, and the air over his head, and everything he touches and every word he says. I love all his looks, and all his actions and him entirely and all together.
A lady with whom I was riding in the forest said to me that the woods always seemed to her to wait, as if the genii who inhabit them suspend their deeds until the wayfarer had passed onward; a thought which poetry has celebrated in the dance of the fairies, which breaks off on the approach of human feet.
The Bishop has a skin, God knows,
Wrinkled like the foot of a goose,
(All find safety in the tomb.)
Nor can he hide in holy black
The heron's hunch upon his back,
But a birch-tree stood my Jack.
I have stood still and stopped the sound of feet When far away an interrupted cry Came over houses from another street, But not to call me back or say good-bye.
While strength and years permit, endure labor; soon bent old age will come with silent foot.
[Lat., Dum vires annique sinunt, tolerate labores.
Jam veniet tacito curva senecta pede.]
Someone who knows enough to become the owner of a tree, and gives thanks to you for the benefits it brings him, is in a better state, even if ignorant of its height in feet and the extent of its spread, than another who measures and counts all its branches but neither owns it nor knows its creator nor loves him.