Thought for today:
‘Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.’
— Warren Buffett
#thoughtfortoday #leakyboat #changevessel #productive #warrenbuffett
The sage of Omaha, Warren Buffett, has been attacked recently for his “value investing” strategy by those that seek to make gains from the disruption of industries by new technology.
I’m sure the original context for this quote was to do with companies and investing.
To me, it seems most appropriate for the existential crisis facing mankind.
Except we have no other vessel to change to.
And patching leaks is all about keeping things as they are for as long as possible.
How to stay afloat long enough to build a new and better boat when so many are opposed to the very idea?