“When you combine ignorance and leverage, you get some pretty interesting results.”
More from Warren Buffett on Wisdom
“Risk comes from not knowing what you're doing”
“If past history was all there was to the game, the richest people would be librarians.”
“Risk comes from not knowing what you're doing.”
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
“It takes 20 years to build a reputation and 5 minutes to ruin it.”
“Price is what you pay. Value is what you get.”
Others on Wisdom
Sun Tzu
30 quotes“Do not swallow bait offered by the enemy. Do not interfere with an army that is returning home.”
Dalai Lama
22 quotes“Compassion is the radicalism of our time.”
Cervantes
20 quotes“A closed mouth catches no flies.”
Aesop
19 quotes“Little by little does the trick.”
Confucius
19 quotes“The gem cannot be polished without friction nor man perfected without trials.”
Ben Franklin
18 quotes“Be slow in choosing a friend, slower in changing.”
Napoleon
16 quotes“Ability is of little account without opportunity.”
Cicero
15 quotes“Great is the power of habit. It teaches us to bear fatigue and to despise wounds and pain.”
George Washington
14 quotes“Let your Discourse with Men of Business be Short and Comprehensive.”
Rudyard Kipling
14 quotes“I keep six honest serving men. (They taught me all I know) Their names are What and Why and When and How and Where and...”
Khalil Gibran
14 quotes“Perplexity is the beginning of knowledge.”
George R.R. Martin
14 quotes“This was how an enemy should be dealt with: with a dagger, not a declaration.”