Quote Origin: The Chains of Habit Are Too Light To Be Felt Until They Are Too Heavy To Be Broken

Warren Buffett? Samuel Johnson? Maria Edgeworth? Bertrand Russell? Anonymous? Question for Quote Investigator: I recall seeing a lecture by the famed investor Warren Buffett during which he cautioned his audience to avoid falling into self-destructive behavior patterns. He used this eloquent analysis: The chains of habit are too light to be felt until they are …

Quote Origin: Gold Gets Dug Out of the Ground; Then We Melt It Down, Dig Another Hole, Bury It Again

Warren Buffett? Frank Fellinger? Apocryphal? Anonymous? Question for Quote Investigator: The funniest and most perceptive comment about the precious metal gold is attributed to the super-investor Warren Buffett: Gold gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to …

Quote Origin: Look Around the Poker Table; If You Can’t See the Sucker, You’re It

Warren Buffett? Michael Wolff? Amarillo Slim? Poker Proverb? Whispering Saul? Question for Quote Investigator: There is a quotation I have seen in several books and periodicals aimed at investors. Here is one version: If you have been in a poker game for a while, and you still don’t know who the patsy is, you’re the …

Quote Origin: Go for a Business that Any Idiot Can Run

Warren Buffett? Peter Lynch? Question for Quote Investigator: In 2008 I read an interview with the super-investor Warren Buffett in which he said you should put your money into a company that can be run by an idiot because eventually it will be run by an idiot. But that advice sounded familiar to me. Did …