Warren Buffett – Horse Investment
on Wednesday, November 13, 2024Meaning of Warren Buffett Money Quote: “In the hands of horses, investment decisions would not have led to the development of the auto industry.” Warren Buffett said:
“If horses had controlled investment decisions, there would have been no auto industry” — Warren Buffett
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Warren Buffett’s quote, “If horses had controlled investment decisions, there would have been no auto industry,” can be interpreted as a humorous way to emphasize the importance of human intelligence and decision-making in the world of finance and investments. Horses, being non-rational creatures, would not have made the necessary strategic decisions to invest in the development of the auto industry. This quote highlights the significance of reason and foresight in making successful investments and driving innovation.