Wide diversification is used only by inv... by Warren Buffett | We Heart Quotes

Philanthropist billionaire Investor Stocks Berkshire Hathaway

Wide diversification is used only by investors who don’t know what they are doing.

- Warren Buffett

Other quotes by Warren Buffett

War World

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

- Warren Buffett

Honesty is a very expensive gift. Don’t expect it from cheap people.

- Warren Buffett

It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

- Warren Buffett

Only when the tide goes out do you discover who's been swimming naked.

- Warren Buffett

If you don't find a way to make money while you sleep, you will work until you die.

- Warren Buffett

End People

If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.

- Warren Buffett

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