Quotation
Quote by Warren Buffett
After all, you only find out who is swimming naked when the tide goes out.
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Understanding this quote
The image compares a falling tide with difficult circumstances. When conditions are favorable, weaknesses can stay hidden, but when support disappears, people’s lack of preparation becomes visible. The quote warns that success during good times does not prove someone is secure or capable; hardship reveals what was already underneath.
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About this quotation
- Source
- Berkshire Hathaway 2001 Chairman’s Letter
- Format
- Official Statement
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