Quote By Warren Buffett

Risk comes from not knowing what you are doing.

Renowned American Investor and Chairman of Berkshire Hathaway

Born: August 30, 1930

Warren Buffett, the legendary investor, exemplifies timeless wisdom in finance, amassing immense wealth through his prudent and patient approach to investing.

Explanation Of The Quote

Warren Buffett emphasizes that risk arises from a lack of understanding and knowledge. In investing, it's crucial to thoroughly research and understand the assets or businesses in which one is investing to make informed decisions and manage risk effectively.

More Quotes By Warren Buffett

Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.

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We don’t have to be smarter than the rest. We have to be more disciplined than the rest

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Someone is sitting in the shade of a tree today because someone planted a tree a long time ago.

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There is nothing wrong with a ‘know nothing’ investor who realizes it. The problem is when you are a ‘know nothing’ investor but you think you know something.

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Be fearful when others are greedy, and greedy when others are fearful.

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The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

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You don't have to be a genius to invest well.

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The most important investment you can make is in yourself.

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Don’t pass up something that’s attractive today because you think you will find something better tomorrow.

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