Auto industry Quote by Warren Buffett
“If horses had controlled investment decisions, there would have been no auto industry.”
About This Quote
Source Letter to Shareholders, Warren Buffett, 2005
If horses made investment choices, the auto industry wouldn't exist.
In simple terms: Horses' decisions would eliminate cars.
Key Takeaway
Invest wisely, not blindly.
Themes
investment
industry
technology
Mood
thoughtful
analytical
Type
financial
philosophical
When to use this quote
- Portfolio management
- industry analysis
- technology adoption
Key Concepts
Decision theory
market dynamics
Questions to Reflect On
- What drives investment decisions today?
- How do technology shifts affect industries?
A Different Perspective
Oversimplifies complex market forces.
![“Look at what I am proposing, and we [wih Bernie Sanders] have a vigorous agreement here. We both want to reign in the excesses of Wall Street. I also want to reign in the excesses of Johnson Controls that we bailed out when they were an autoparts company, and we saved the auto industry, and now…” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/ea8/hillary-clinton-51_agreement_look-at-what-i-am-proposing-and-we-wih-b_49820.jpg)
