“I am a better investor because I am a businessman, and a better businessman because I am no investor” — Warren Buffett
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Warren Buffett says he is a better investor because he is a businessman, and a better businessman because he is also an investor. By being actively involved in running businesses, Buffett gains insights into how companies operate and what drives success. This hands-on experience helps him identify strong companies to invest in and avoid those with underlying problems.
His experience as an investor also helps him make better business decisions by thinking about a company’s long-term value and competitive advantages. In short, Buffett believes his dual experience in business and investing makes him more knowledgeable and helps him achieve better results.