A Quote by Warren Buffett

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

Warren Buffett

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Against Diversification Doing Ignorance Know Little Makes Protection Sense

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Warren Buffett
American - Businessman
Born: August 30, 1930

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

Warren Buffett

Neither the Army nor the Navy is of any protection, or very little protection, against aerial raids.

Alexander Graham Bell

One of the reasons for conspiracy theories is an assumption that people in high places always know what they are doing. When they do something that makes no sense, devious reasons are imagined by conspiracy theorists, when in fact it may be due to plain old ignorance and incompetence.

Thomas Sowell

Over-diversification is a hedge for ignorance.

William O'Neil

Probably the reason it's a little hard to break away from the album format completely is, if you're getting a band together in the studio, it makes financial sense to do more than one song at a time. And it makes more sense, if you're going to all the effort of performing and doing whatever else, if there's a kind of bundle.

David Byrne

Anger is a passion, so it makes people feel alive and makes them feel they matter and are in charge of their lives. So people often need to renew their anger a long time after the cause of it has died, because it is a protection against helplessness and emptiness just like howling in the night. And it makes them feel less vulnerable for a little while.

Merle Shain

Pension and health benefits are a cornerstone of union protection. When actors' work is split between two unions, that protection is weakened or, in the worst cases, eliminated. That's not acceptable, and it's one of many reasons merging SAG and AFTRA makes sense.

Ken Howard

Every honest researcher I know admits he's just a professional amateur. He's doing whatever he's doing for the first time. That makes him an amateur. He has sense enough to know that he's going to have a lot of trouble, so that makes him a professional.

Charles Kettering

Protection, therefore, against the tyranny of the magistrate is not enough; there needs protection against the tyranny of the prevailing opinion and feeling, against the tendency of society to impose, by other means than civil penalties, its own ideas and practices as rules of conduct on those who dissent from them.

John Stuart Mill

To know how little one knows is to have genuine knowledge. Not to know how little one knows is to be deluded. Only those who know when they are deluded can free themselves from such delusion. The intelligent people are not deluded, because they know and accept their ignorance as ignorance, and thereby have genuine knowledge.

Laozi

All legitimate government is a mutual insurance company, voluntarily agreed upon by the parties to it, for the protection of their rights against wrong-doers. In its voluntary character it is precisely similar to an association for mutual protection against fire or shipwreck.

Lysander Spooner

The best protection against risk is knowing what you are doing.

Seth Klarman

When you educate a girl, you kick-start a cycle of success. It makes economic sense. It makes social sense. It makes moral sense. But, it seems, it's not common sense yet.

Queen Rania of Jordan

The idea of excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results.

Charlie Munger

Energy in the executive is a leading character in the definition of good government. It is essential to the protection of the community against foreign attacks; it is not less essential to the steady administration of the laws; to the protection of property against those irregular and high-handed combinations which sometimes interrupt the ordinary course of justice; to the security of liberty against the enterprises and assaults of ambition, of faction, and of anarchy.

Alexander Hamilton

Though woman needs the protection of one man against his whole sex, in pioneer life, in threading her way through a lonely forest, on the highway, or in the streets of the metropolis on a dark night, she sometimes needs, too, the protection of all men against this one.

Elizabeth Cady Stanton

A Quote by Warren Buffett

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