Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.
--
Warren Buffett
Related quotes (
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Beware of little expenses. A small leak will sink a great ship.
He that is of the opinion money will do everything may well be suspected of doing everything for money.
Money never made a man happy yet, nor will it. The more a man has, the more he wants. Instead of filling a vacuum, it makes one.
Tis against some men's principle to pay interest, and seems against others interest to pay the principal.
Costs are like fingernails, they always have to be cut.
Wealth after all is a relative thing since he that has little and wants less is richer than he that has much and wants more.
Doing a budget means learning an ancient and powerful word: no.
Money is like a beautiful thoroughbred horse - very powerful and always in action. But unless this horse is trained when very young, it will be an out-of-control and dangerous animal when it grows to maturity.
Work is doing it. Discipline is doing it every day. Diligence is doing it well every day.
It's not what you know about money - it's what you don't know that can wipe you out.
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