plassen blog

thoughts that cross the mind

Notes

The happiest people don’t have the best of everything, they just make the best of everything.

Filed under happiness

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Tale of a Speculator

A dead oil prospector gets stopped at the pearly gates and is told by St Peter that Heaven’s allocation of miners is full up. The speculator leans through the gates and yells “Hey, boys! Oil discovered in Hell”. A stampede of men with picks and shovels duly streams out of Heaven and an impressed St Peter waves the speculator through.

“No thanks,” says the sage. “I’m going to check out that Hell rumour. Maybe there is some truth in it after all”.

by Warren Buffet


So thus it is with investors…

Filed under warren buffet investment wisdom