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Success Quote by Warren Buffett

"In the business world, the rearview mirror is always clearer than the windshield"

About this Quote

Buffett’s line cuts like a pocketknife because it punctures the bravado that corporate America sells itself: the myth that the future is legible if you’re smart enough. The rearview mirror is “always clearer” not because executives are uniquely foolish, but because the past is a finished story. Causes can be arranged neatly, mistakes can be relabeled as “tuition,” and randomness can be retrofitted into strategy. The windshield, by contrast, is where uncertainty lives: incomplete data, shifting incentives, competitors acting irrationally, black swans waiting offstage.

The specific intent is a warning against overconfidence, especially the kind dressed up as forecasting. Buffett is famously allergic to elaborate models that promise precision; he prefers durable businesses, simple economics, and a margin of safety. That philosophy isn’t anti-intellectual, it’s anti-fantasy. His subtext is also a critique of how business narratives get manufactured. After the fact, everyone claims the winning move was obvious, the pivot inevitable, the acquisition “transformational.” Hindsight doesn’t just clarify; it flatters.

Context matters: Buffett built his reputation through long-term investing and disciplined patience, often in markets intoxicated by prediction. The quote reads as a quiet rebuke to quarterly theatrics and futurist rhetoric. It’s also a reminder that even the best operators are driving through fog, making bets with partial visibility. The smartest posture isn’t certainty; it’s humility paired with preparation.

Quote Details

TopicDecision-Making
Source
Verified source: Berkshire Hathaway 1991 Letter to Shareholders (Warren Buffett, 1992)
Text match: 99.62%   Provider: Cross-Reference
Evidence:
In the business world, unfortunately, the rear-view mirror is always clearer than the windshield:. This line appears in Warren E. Buffett’s Chairman’s Letter covering 1991 results, which was published as part of Berkshire Hathaway’s annual report/letter dated February 28, 1992 (i.e., the '1991 letter' was issued in 1992). The commonly circulated version often omits Buffett’s 'unfortunately' and sometimes removes the hyphen in 'rear-view.' I did not locate an official Berkshire PDF with page numbering in the sources I checked; the official HTML letter is the primary text and does not include stable page numbers.
Other candidates (1)
The Big Book of Business Quotations (Johnnie L. Roberts, 2016) compilation95.0%
... In the business world, the rearview mirror is always clearer than the windshield. —Warren Buffett, legendary inve...
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Citation Formats

APA Style (7th ed.)
Buffett, Warren. (2026, February 8). In the business world, the rearview mirror is always clearer than the windshield. FixQuotes. https://fixquotes.com/quotes/in-the-business-world-the-rearview-mirror-is-18373/

Chicago Style
Buffett, Warren. "In the business world, the rearview mirror is always clearer than the windshield." FixQuotes. February 8, 2026. https://fixquotes.com/quotes/in-the-business-world-the-rearview-mirror-is-18373/.

MLA Style (9th ed.)
"In the business world, the rearview mirror is always clearer than the windshield." FixQuotes, 8 Feb. 2026, https://fixquotes.com/quotes/in-the-business-world-the-rearview-mirror-is-18373/. Accessed 19 Feb. 2026.

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About the Author

Warren Buffett

Warren Buffett (born August 30, 1930) is a Businessman from USA.

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