warren buffett cigarettes quote

warren buffett

 

warren buffet said following of cigarettes:

I’ll tell you why I like the cigarette business.

It costs a penny to make.

Sell it for a dollar.

It’s addictive.

And there’s fantastic brand loyalty.

source.

 

i like this quote because:

– it shows how one negative can overcome many positives,

– it reminds me that everybody needs someone else’s help with pr,

– the older we are the bigger chances are we will agree with it,

– our perception of people is never correct.