"If principles can become dated, they're not..." - Quote by Warren Buffett
If principles can become dated, they're not principles.
More by Warren Buffett
“The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”
“An investor needs to do very few things right as long as he or she avoids big mistakes.”
“If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.”
More on Principles
“[N]either in war nor yet at law ought any man to use every way of escaping death. For often in battle there is no doubt that if a man will throw away his arms, and fall on his knees before his pursuers, he may escape death; and in other dangers there are other ways of escaping death, if a man is willing to say and do anything. The difficulty, my friends, is not in avoiding death, but in avoiding unrighteousness; for that runs faster than death.”
“Ahimsa is the strongest force known.”
“There are no new fundamentals. You've got to be a little suspicious of someone who says, "I've got a new fundamental." That's like someone inviting you to tour a factory where they are manufacturing antiques.”
More on Timelessness
“The sea is the same as it has been since before men ever went on it in boats.”
“If you can speak what you will never hear, if you can write what you will never read, you have done rare things.”
“The educational aspect of art shows has become overbearing: some of exhibits can leave you bleary from trying to read the walls. Presumably a piece of art is timeless and it can say something to us. You are taking away the right of art to talk for itself.”