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 …
Tag Archives: Warren Buffett
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 …
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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 …
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