After all, you only find out who is swimming naked when the tide goes out.


2001 Chairman's Letter - Letters to Shareholders (1957 - 2012)

Warren Buffett Quotes

After all, you only find out who is swimming naked when the tide goes out.

After all, you only find out who is swimming naked when the tide goes out.

After all, you only find out who is swimming naked when the tide goes out.

After all, you only find out who is swimming naked when the tide goes out.