You Make Profit When You Buy

We listen to those who have something in their bag of achievements. This is because only a deep diver may know what lies underneath the ocean but not the surfer. I have read a little about entrepreneurship and how its going to remodel the economic systems in future but as of now, do not have any ventures or experiences to share. One of the quotes of Warren Buffet said, "You do not make profit when you sell but when you buy". One of my room mates who had not done any business but he have stayed abroad for more than two decades and have a life full of experiences. He said to his friend who wanted to start a business, "If you are to buy a shirt, would you try to negotiate and get discount or pay what they ask you to pay". He replied, he won't ask for discount. So replied my room mate, "you can not do business". He never knew about that saying of Warren but still he said almost the same thing, you make profit when you buy not when you sell.