Risk comes from not knowing what you're doing.
More Quotes from Warren Buffett:Wide diversification is only required when investors do not understand what they are doing.
There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.
Let blockheads read what blockheads wrote.
The burden of paying Helpers may cause American equity investors, overall, to earn only 80 percent or so of what they would earn if they just sat still and listened to no one.
I buy expensive suits. They just look cheap on me.
Readers Who Like This Quotation Also Like:Based on Topics: Danger & Risk Quotes
The factory that my grandmother had put under the house to produce these green men to come get me.
I was in Bangalore, India, the Silicon Valley of India, when I realized that the world was flat.
It was a pretty rough neighborhood where I grew up The really tough places were over around Third Avenue where it ran into the Harlem River, but we weren't far away.