“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway”
— Warren Buffett
Simplified Meaning:
People who are very wealthy often go to Wall Street, a famous financial district, to ask for investment advice. Surprisingly, the experts they ask for help from are not always rich themselves. These experts might live normal lives, using public transportation like the subway, instead of driving luxury cars. For example, a millionaire might pay for advice from a financial expert who lives in a small apartment and takes the subway to work. This shows that having knowledge about money doesn't always mean you have a lot of it. It’s a reminder that wisdom and expertise don’t necessarily come from people who appear wealthy. In your own life, look for advice based on the quality of the knowledge, not just the lifestyle of the person giving it.
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Class differences Economy Finance Investment advice Irony Luxury Social commentary Wall street Wealth disparityFEATURED QUOTES