Famous quote by Warren Buffett

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Only when the tide goes out do you discover whos been swimming naked
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"Only when the tide goes out do you discover who's been swimming naked"

- Warren Buffett

About this Quote

This quote by Warren Buffett is a metaphor for the idea that when times are excellent, individuals can appear to be effective and well-prepared, yet when times are difficult, it is revealed who was truly prepared and also who was not. When the tide is in, everyone is swimming in the very same water and also it is tough to inform who is ready and also that is not. Nonetheless, when the trend heads out, it is revealed who was swimming nude, indicating those that were not prepared and did not have the needed resources to make it through the difficult times. This quote is a suggestion to constantly be planned for the worst, as it is just when the tide heads out that you can truly inform that is ready as well as who is not.

About the Author

Warren Buffett This quote is written / told by Warren Buffett somewhere between August 30, 1930 and today. He was a famous Businessman from USA. The author also have 51 other quotes.

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