“If past history was all there was to the game, the richest people would be librarians”
— Warren Buffett
Simplified Meaning:
Money and success aren't just about knowing what happened in the past. Imagine if just reading books about history made people rich; librarians who read loads of books would be the wealthiest people. But that's not the case. To really succeed, you need to use what you've learned, take risks, and adapt to new situations. For example, even if you know everything about how old businesses worked, starting a new company today requires fresh ideas, modern knowledge, and the courage to face uncertainty. So, while learning history is important, being successful means taking action and being creative in the present.