When you combine ignorance and leverage, you get some pretty interesting results.

Quote by Warren Buffett

Topics: Warren Buffett Quotes

I never attempt to make money on the stock market. I buy on the assumption...

I never attempt to make money on the stock market. I buy on the assumption...

It's far better to buy a wonderful company at a fair price than a fair...

It's far better to buy a wonderful company at a fair price than a fair...

Risk is a part of God's game, alike for men and nations.

Risk is a part of God's game, alike for men and nations.

We enjoy the process far more than the proceeds.

We enjoy the process far more than the proceeds.

There seems to be some perverse human characteristic that likes to make easy things difficult.

There seems to be some perverse human characteristic that likes to make easy things difficult.

Risk is a part of God's game, alike for men and nations.

Risk is a part of God's game, alike for men and nations.

The first rule is not to lose. The second rule is not to forget the...

The first rule is not to lose. The second rule is not to forget the...

When a management team with a reputation for brilliance tackles a business with a reputation...

When a management team with a reputation for brilliance tackles a business with a reputation...

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is...

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is...

Your premium brand had better be delivering something special, or it's not going to get...

We simply attempt to be fearful when others are greedy and to be greedy only...

We simply attempt to be fearful when others are greedy and to be greedy only...

There are 309 million people out there that are trying to improve their lot in...

There are 309 million people out there that are trying to improve their lot in...

We enjoy the process far more than the proceeds.

We enjoy the process far more than the proceeds.

A public-opinion poll is no substitute for thought.

A public-opinion poll is no substitute for thought.

The first rule is not to lose. The second rule is not to forget the...

The first rule is not to lose. The second rule is not to forget the...

I just think that - when a country needs more income and we do, we're...

I just think that - when a country needs more income and we do, we're...

We believe that according the name 'investors' to institutions that trade actively is like calling...

We believe that according the name 'investors' to institutions that trade actively is like calling...

Only buy something that you'd be perfectly happy to hold if the market shut down...

Only buy something that you'd be perfectly happy to hold if the market shut down...

When a management with a reputation for brilliance tackles a business with a reputation for...

When a management with a reputation for brilliance tackles a business with a reputation for...

Time is the friend of the wonderful company, the enemy of the mediocre.

Time is the friend of the wonderful company, the enemy of the mediocre.