Warren Buffett: Rich Invest in Time
on Tuesday, September 25, 2018Warren Buffett Money Quote saying the wealthy realize that their time is worth far more than dollars and invest time wisely. The poor prefer money to time and waste their time getting money. Warren Buffett said:
“The rich invest in time, the poor invest in money” — Warren Buffett
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This money quote from Warren Buffett is referring to how wealthy people invest their time and effort into productive activities that generate long-term value, rather than just investing money. By investing time into developing skills, knowledge, and business opportunities, the rich are able to see higher returns compared to just investing money alone.
In contrast, those with less wealth may rely more on short-term consumption or investing money in ways that do not generate long-term growth, like lottery tickets. The quote suggests it is better to invest in developing one’s human capital through education and work experience, rather than relying solely on monetary investments.