BusinessQuotes

Peter de Savary, Entreprenuer, Shipping, Oil, and Private resorts

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  • I’ve always been on the adventurous side of business. I’m either fixing things or repairing things or creating things. I’m not an asset stripper or speculator. I’ve never had any success in the stock market in my life; in fact, whenever I’m in it, I’m always losing. I’ve always been someone to add value, and where possible, recognize assets that are undervalued and in need of something being done to them.

  • — Peter de Savary, Entreprenuer, Shipping, Oil, and Private resorts
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A confession about our 2006 gain is in order. Our most important business, insurance, benefited from a large dose of luck: Mother nature, bless her heart went on vacation. After hammering us with hurricanes in 2004 and 2005 - storms that caused us to lose a bundle on super cat insurance - she just vanished. Last year, the red ink from this activity turned black - very black.

—Warren Buffett
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