BusinessQuotes

Paul Wittgenstein, The value of work, Rich one armed pianist

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  • Having to work and moreover to earn money – so much the more if it be for a good purpose – is the best thing on earth.
    – September 1927

  • — Paul Wittgenstein, The value of work, Rich one armed pianist
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Quotes

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"We will never become dependent on the kindness of strangers," Mr. Buffett wrote. "Too-big-to-fail is not a fallback position at Berkshire," a reference to large financial institutions bailed out by the government after suffering billions in losses. The investor boasted how Berkshire, fueled by its vast cash stockpile and protected by its aversion to excessively risky bets, was able to pump cash into the financial system during the heat of the crisis. Berkshire "was a supplier of liquidity and capital to the system, not a supplicant," he wrote.

—Buffett subsidies
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