Quote

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

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
Sense
Makes
Littles
Little
Diversification
Investing
Protection
Ignorance

More quotes by Warren Buffett

Image
In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
Warren Buffett
Image
We've got all the ingredients for a sensational future.
Warren Buffett
Image
If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
Warren Buffett
Image
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Warren Buffett
Image
I sent one e-mail in my life. I sent it to Jeff Raikes at Microsoft, and it ended up in court in Minneapolis, so I am one for one.
Warren Buffett
Image
If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.
Warren Buffett
Image
We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.
Warren Buffett
Image
Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.
Warren Buffett
Image
When investing, pessimism is your friend, euphoria the enemy.
Warren Buffett
Image
You can't make a good deal with a bad person.
Warren Buffett
Image
The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
Warren Buffett
Image
Never ask a barber if you need a haircut.
Warren Buffett
Image
My wealth has come from a combination of living in America, some lucky genes, and compound interest.
Warren Buffett
Image
There is no substitute for a local newspaper that is doing its job.
Warren Buffett
Image
When they get their ego involved, people do things they shouldn't do.
Warren Buffett
Image
Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.
Warren Buffett
Image
Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.
Warren Buffett
Image
We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.
Warren Buffett
Image
Life is like a snowball. The important thing is finding wet snow and a really long hill.
Warren Buffett
Image
I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.
Warren Buffett