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Warren Buffett Quote - When you combine ignorance and leverage, you get some pretty interesting results.

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

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Business Combination Ignorance Interesting Leverage Pretty Result

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I learned to go into business only with people whom I like, trust, and admire.
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Intensity is the price of excellence.
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Why not invest your assets in the companies you really like? As Mae West said, ‘Too much of a good thing can be wonderful.
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If you buy things you do not need, soon you will have to sell things you need.
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In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
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Never be afraid to ask for too much when selling or offer too little when buying.
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What the wise do in the beginning, fools do in the end.
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Other guys read Playboy. I read annual reports.
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The most important quality for an investor is temperament, not intellect.
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Writing a check separates a commitment from a conversation.
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When you combine ignorance and leverage, you get some pretty interesting results.
WARREN BUFFETT

Business Combination Ignorance Interesting Leverage Pretty Result
Learning how to live is much more important than learning how to make a living.
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An investor should act as though he had a lifetime decision card with just twenty punches on it.
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Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.
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Our favorite holding period is forever.
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I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
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People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
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Time is the friend of the wonderful company, the enemy of the mediocre.
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Life is like a snowball. The important thing is finding wet snow and a really long hill.
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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
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Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
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Never ask a barber if you need a haircut.
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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
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The Happiest people do not necessarily have the best things. They simply appreciate the things they have.
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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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Trust is like the air we breathe. When it’s present, nobody really notices; when it’s absent, everybody notices.
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Stocks are the only thing that people are happy to buy when the price goes up.
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