Summary
This quote, often attributed to legendary investor Warren Buffett, conveys the idea that true character is revealed during difficult times or moments of crisis. Metaphorically, the "tide" represents smooth and prosperous conditions while "swimming naked" symbolizes vulnerability or taking risks without adequate preparation. When adversity arises and the tide retreats, those who were not prepared or lacked integrity will be exposed. Thus, it reinforces the importance of being prepared, making wise decisions, and maintaining integrity in all circumstances.