“ Even though Apple may have the most wonderful future in the world, I’m not capable of bringing any drink to that particular party and evaluating that future. I simply look at businesses where I think I have some understanding of what they might look like in five or 10 years.”
Warren Buffet.
I think a lot of pubs (the Atlantic, WSJ, NYT, …) have misinterpreted this quote. Buffet isn’t saying he’s pessimistic about Apple; just that he doesn’t understand it, and perhaps consumer technology in general. He gets manufacturing. He gets transit. He gets finance. He doesn’t get tech, and he’s smart enough to know what he doesn’t get and stay away. That behavior, in it of itself, is something upon which we should be taking notes. (Via The Atlantic Wire)
Source: theatlanticwire.com
5 notesShowHide
-
seoway liked this
-
berezina liked this
-
getoutmybiz reblogged this from dbreunig
-
petervidani liked this
-
ahref liked this
-
dbreunig posted this
