Quote

The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own affairs.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Affairs
Investing
Affair
Greater
Values
Less
Insightful
Others
Prudence
Conduct

More quotes by Warren Buffett

Image
You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes
Warren Buffett
Image
You pay a very high price in the stock market for a cheery consensus.
Warren Buffett
Image
Beware of geeks bearing formulas.
Warren Buffett
Image
I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.
Warren Buffett
Image
When it's raining gold, reach for a bucket, not a thimble.
Warren Buffett
Image
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
Warren Buffett
Image
Wall Street makes its money on activity. You make your money on inactivity.
Warren Buffett
Image
Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.
Warren Buffett
Image
Risk comes from not knowing what you're doing.
Warren Buffett
Image
If you have a harem of 40 women, you never get to know any of them very well.
Warren Buffett
Image
A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.
Warren Buffett
Image
I don't need 15 houses. Owning real estate doesn't mean much to me. I don't like to think about things like that. I don't need 12 boats, or even the world's largest boat with a crew of 80. I'd have to take care of them, to worry about them. I get a lot more fun out of life without all the bells and whistles.
Warren Buffett
Image
If you cannot control your emotions, you cannot control your money.
Warren Buffett
Image
A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.
Warren Buffett
Image
I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
Warren Buffett
Image
Never ask a barber if you need a haircut.
Warren Buffett
Image
We have provided capital here with a couple of institutions recently. The Federal government did that in the '30s for the RFC and I think there could well be a proper role for government in that.
Warren Buffett
Image
The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.
Warren Buffett
Image
If you don't know jewelry, know the jeweler.
Warren Buffett
Image
Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
Warren Buffett