On Warren Buffett

Posted by MM on July 30, 2005

On Warren Buffett

Need help on the following comment by Buffett about investing:

Investing is not like diving where you are graded for the difficulty of what you are attempting to do. "We get paid not for jumping over seven foot bards, but for stepping over one foot bars."

What does "stepping over one foot bars" mean here?

• On Warren Buffett Bob 30/July/05