A Quote by Warren Buffett

Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble. — © Warren Buffett
Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.
It's not a competency if you don't know the edge of it.
If you want to feel secure, do what you already know how to do. If you want to be a true professional and continue to grow... Go to the cutting edge of your competency, which means a temporary loss of security. So whenever you don't quite know what you're doing, know you're growing.
You are valued more than you know, by more people than you think. It might be good to get in touch today with your true worth. It is much higher than you often give it credit for being -- and now is a perfect time to know, and to gently assert, that fact. This is not about arrogance and it is not about over confidence. It is about a simple, dignified Knowing.
You beg for happiness in life, but security is more important to you, even if it costs you your spine or your life. Your life will be good and secure when aliveness will mean more to you than security; love more than money; your freedom more than party line or public opinion; when your thinking will be in harmony with your feelings; when the teachers of your children will be better paid than the politicians; when you will have more respect for the love between man and woman than for a marriage license.
The longer I live the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circumstances, than failures, than successes, than what other people think or say or do. It is more important than appearance, giftedness or skill. It will make or break a company . . . a church . . . a home.
Our food chain is in crisis. Big agribusiness has made profits more important than your health—more important than the environment—more important than your right to know how your food is produced. But beneath the surface, a revolution is growing.
Get to know yourself. Know your own failings, passions, and prejudices so you can separate them from what you see. Know also when you actually have thought through to the nature of the thing with which you are dealing and when you are not thinking at all... Knowing yourself and knowing the facts, you can judge whether you can change the situation so it is more to your liking. If you cannot--or if you do not know how to improve on things--then discipline yourself to the adjustments that will be necessary.
I think knowing what you cannot do is more important than knowing what you can.
The first thing you have to do is get immersed in the project, organizing yourself, knowing what you are going after and not going after. It is extremely important to know what you don't want to find. Research to me is as important or more important than the writing. It is the foundation upon which the book is built.
Life is getting through the moment. The philosopher William James says to cultivate the cheerful attitude. Now nobody had more trouble than he did -- except me. I had more trouble in my life than anybody. But your first big trouble can be a bonanza if you live through it. Get through the first trouble, you'll probably make it through the next one.
Get yourself in trouble. If you get yourself in trouble, you don't have the answers. And if you don't have the answers, your solution will more likely be personal because no one else's solutions will seem appropriate. You'll have to come up with your own.
I believe in knowing all you can about the music and the people who made the music. I think it's much more important to know some good Miles Davis stories than to know how to play like Miles. I think you'll play better if you know some of the funny things he did than if you know the licks that he played.
It's important to be smart, but it's also important to be active with your intelligence. The more you sit around over-thinking things, the more trouble you get into.
If it is not strong upon your heart to practice what you read, to what end do you read? To increase your own condemnation? If your light and knowledge be not turned into practice, the more knowing a man you are, the more miserable a man you will be in the day of recompense; your light and knowledge will more torment you than all the devils in hell. Your knowledge will be that rod that will eternally lash you, and that scorpion that will forever bite you, and that worm that will everlastingly gnaw you; therefore read, and labor to know that you may do--or else you are undone forever.
Knowing is NOT the most important thing. To be able to FIND OUT is more important than knowing.
It is important for you to know who you are and who you may become. It is more important than what you do, even as vital as your work is and will be.
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