A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“The shortest distance between two points is always under construction” (6/27)
Entry forthcoming—B.P. (6/27)
“If I had a dollar for every existential crisis I’ve ever had…does money even matter?” (6/27)
“Keep your cymbal jokes to yourself. We’ve heard them all a Zildjian times” (6/27)
Entry forthcoming—B.P. (6/27)
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Entry from December 07, 2010
“In the business world, the rearview mirror is always clearer than the windshield”

"In the business world, the rearview mirror is always clearer than the windshield” is a popular bit of one-line wisdom from American investor Warren Buffett. The saying means that the “rearview mirror” (the past) is always clearer than “the windshield” (the future) for an investor.

“In the business world, the rear-view mirror is always clearer than the windshield” has been cited in print since at least 1994.

American investor Peter Lynch has another “rearview mirror” saying: “You can’t see the future through a rear view mirror.”


Wikipedia: Warren Buffett
Warren Edward Buffett (pronounced /ˈbʌfɨt/; born August 30, 1930) is an American investor, industrialist and philanthropist. He is widely regarded as one of the most successful investors in the world. Often called the “legendary investor Warren Buffett”, he is the primary shareholder, chairman and CEO of Berkshire Hathaway.He is consistently ranked among the world’s wealthiest people. He was ranked as the world’s second wealthiest person in 2009 and is currently the third wealthiest person in the world as of 2010.

Buffett is called the “Oracle of Omaha” or the “Sage of Omaha” and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. Buffett is also a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College.

Google Books
Teamthink:
Using the sports connection to develop, motivate, and manage a winning business team

By Don Martin andRenee Martin
New York, NY: Plume
1994
Pg. 39:
As Warren Buffett, CEO of Berkshire Hathaway Companies, says, “In the business world, the rear-view mirror is always clearer than the windshield.”

Google Groups: alt.disney.disneyland
Newsgroups: alt.disney.disneyland, rec.arts.disney.misc, rec.arts.disney.parks
From: “Al Lutz”
Date: 1998/02/26
Subject: Eisner addresses shareholders [complete text - LONG]

Warren Buffett has a knack for describing such conundrums articulately and succinctly. “The rearview mirror is always clearer than the windshield,” he once said.

Google Books
Pension Strategy for Canadians:
The Ultimate Guide to Personal Investing

By Andrew Springett
Toronto, ON: Insomniac Press
2000
Pg. 61:
In the business world, the rearview mirror is always clearer than the windshield. — Warren Buffett

Google Books
E-business 2.0:
Roadmap for success

By Ravi Kalakota and Marcia Robinson
Boston, MA: Addison-Wesley
2000
Pg. 34:
Warren Buffett, the legendary investor, has a knack for articulating such conundrums: “The rearview mirror is always clearer than the windshield.”

30 January 2001, Los Angeles (CA) Times, “Disney’s World Is Too Small, Critics Charge” by Sallie Hoffmesister and Claudia Eller, Pg. A1:
To quote Disney board member and investor Warren Buffett: “The rearview mirror is always clearer than the windshield.”

CBS News - EconWatch
November 4, 2009 11:47 AM
Another Great One-Liner from Warren Buffett
Posted by Jill Schlesinger
(...)
• “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1”
• “Be fearful when others are greedy. Be greedy when others are fearful.”
• “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
• “You only find out who is swimming naked when the tide goes out.”
• “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”
• “Price is what you pay. Value is what you get.”
• “I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.”
• “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”
• “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”
• “In the business world, the rearview mirror is always clearer than the windshield.”
• “The investor of today does not profit from yesterday’s growth.”

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Tuesday, December 07, 2010 • Permalink