There is nothing wrong with a 'know nothing' investor who realizes it. The problem is when you are a 'know nothing' investor but you think you know something.
--
Warren Buffett
Related quotes (
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Strive not to be a success, but rather to be of value.
Acquaintance, n.: A person whom we know well enough to borrow from, but not well enough to lend to.
I say to you never involve yourself in debt, and become no man's surety.
Live within your means, never be in debt, and by husbanding your money you can always lay it out well.
When you get in debt you become a slave.
The real measure of your wealth is how much you'd be worth if you lost all your money.
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.
There's a fine line between being disciplined and being stubborn when it comes to investing.
The individual investor should act consistently as an investor and not as a speculator.
Wealth is not his that has it, but his that enjoys it.
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