Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
Warren Buffett
Share
Change background
T
T
T
Change font
Original
TAGS & TOPICS
Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Amount
Wheel
Happen
Drivers
Dagger
Happens
Wheels
Daggers
Better
Fewer
Leverage
Heart
Accidents
Steering
Like
Driving
Pointed
Car
Fatal
Large
Driver
More quotes by Warren Buffett
The key to success is emotional stability.
Warren Buffett
He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.
Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Warren Buffett
Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.
Warren Buffett
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
Warren Buffett
I put heavy weight on certainty. It's not risky to buy securities at a fraction of what they're worth.
Warren Buffett
Never be afraid to ask for too much when selling or offer too little when buying.
Warren Buffett
I don't think it would be crazy to have a model or an entity model on the Reconstruction Finance Corp.
Warren Buffett
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Warren Buffett
There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
Warren Buffett
A very rich person should leave his kids enough to do anything, but not enough to do nothing.
Warren Buffett
The dominant factors affecting control valuations are earning power (past and prospective) and asset values.
Warren Buffett
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
There is no perfect mathematical formula for pricing a business.
Warren Buffett
The single most important decision in evaluating a business is pricing power.
Warren Buffett
The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
Warren Buffett
it's a good idea to review past mistakes before committing new ones.
Warren Buffett
Inactivity strikes us as intelligent behavior.
Warren Buffett
If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.
Warren Buffett
You can't produce a baby in one month by getting nine women pregnant.
Warren Buffett