Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
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
Comes
Investors
Many
Required
Long
Investing
Things
Ignorant
Life
Wide
Risk
Knowing
Diversification
Wrong
Buffets
More quotes by Warren Buffett
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
Warren Buffett
I may have more money than you, but money doesn't make the difference. If there is any difference between you and me, it may simply be that I get up and have a chance to do what I love to do, every day. If you learn anything from me, this is the best advice I can give you.
Warren Buffett
Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.
Warren Buffett
Calculate owner earnings to get a true reflection of value.
Warren Buffett
We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
Warren Buffett
We have long felt that the only value of stock forecasters is to make fortune-tellers look good.
Warren Buffett
Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error
Warren Buffett
My idea of a group decision is to look in the mirror.
Warren Buffett
I measure success by how many people love me. And the best way to be loved is to be lo veable.
Warren Buffett
I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.
Warren Buffett
I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.
Warren Buffett
If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.
Warren Buffett
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
Warren Buffett
I learned to go into business only with people whom I like, trust, and admire.
Warren Buffett
In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'
Warren Buffett
Risk comes from not knowing what you're doing.
Warren Buffett
An ounce of prevention is worth a pound of cure understated.
Warren Buffett
Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.
Warren Buffett
The dumbest reason in the world to buy a stock is because it's going up.
Warren Buffett
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
Warren Buffett
