Another quote I quite like from Mr. Warren Buffett is: Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
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Mr. Buffett's Advice Me Centered
He was so clever coming up with this too: Assiduity is the ability to sit on your ass and do nothing until a great opportunities presen...
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I think about this quote a lot too: We believe that a policy of portfolio concentration may well decrease risk if it raises, as it sh...
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Another quote I like from Mr. Buffett is: We select such investments on a long-term basis, weighing the same factors as would be involve...
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His mind produced this as well: When you combine ignorance and leverage, you get some pretty interesting results.
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