“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
— Warren Buffett
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
Warren Buffett
Warren Buffett is a widely quoted figure. Their most powerful quotes on life, success and human nature are collected here for daily inspiration and reflection.
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This quote is attributed to Warren Buffett. Warren Buffett is a widely quoted figure. Their most powerful quotes on life, success and human nature are collected here for daily inspiration and reflection.
This metaphor suggests that it is often more effective to pivot to a new, healthier opportunity than to waste effort trying to fix a fundamentally flawed or dying business or career path. It provides a strategic insight into the concept of "sunk cost," warning against the emotional trap of staying with a failing project just because you have already invested…
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