“You only have to do a very few things right in your life so long as you don't do too many things wrong.”

— Warren Buffett

Daily Inspiration @rainbowquotes

#Risk #Success #Value

“You only have to do a very few things right in your life so long as you don't do too many things wrong.”

—

Warren Buffett

(August 30 , 1930 -- Present)

✨

Meaning

By articulating this concept, the legendary investor warns against the dangers of unchecked emotion and impulse. Entrepreneurs, active traders, and young professionals can derive immense value by applying this model to their daily habits. You should apply this principle whenever a seemingly lucrative opportunity tempts you to abandon your core values. Looking at his career, it is evident that this exact philosophy allowed him to aggressively seize opportunities during severe economic downturns, thereby generating unprecedented wealth for his dedicated shareholders.

🔗 View Original Source

Keep exploring

More From This Author

"“It takes 20 years to build a reputation and five…"

"“Price is what you pay. Value is what you get.…"

"“It takes 20 years to build a reputation and five…"

"In a world of infinite change, the fundamental principles…"

"Life is like a snowball. The important thing is…"

"It is better to be a small part of…"

"A horse that can count to ten is a…"

"It’s nice to have a lot of money, but…"

"We believe that according the name ‘investor’ to institutions…"

"I read 500 pages like this every day. That’s…"

"Cash is to a business as oxygen is to…"

"Accounting is the language of business."

"If you lose money for the firm, I will…"

"You should write your obituary and then try to…"

"I am a better investor because I am a…"

"The smarter the journalists are, the better off society…"

"The only way to get love is to be…"

"You don’t need to be a rocket scientist. Investing…"

"Beware of the investment activity that produces applause; the…"

"If you hire somebody without integrity, you really want…"

"It’s better to be approximately right than precisely wrong.…"

"A very rich person should leave their kids enough…"

"Intensity is the price of excellence."

"In the world of business, the people who are…"

"There seems to be some perverse human characteristic that…"

"In the short term, the market is a popularity…"

"Never depend on a single income. Make investments to…"

"Buy a stock the way you would buy a…"

"I insist on a lot of time being spent,…"

"What counts for most people in investing is not…"

"The three most important words in investing are margin…"

"Be fearful when others are greedy and greedy only…"

"If you aren’t willing to own a stock for…"

"The business world is full of people who think…"

"Never invest in a business you cannot understand."

"Only buy something that you’d be perfectly happy to…"

"We don’t have to be smarter than the rest.…"

"I buy on the assumption that they could close…"

"Turn market fluctuations into your friend rather than your…"

"An investor should act as though he had a…"

"Tell me who your heroes are and I’ll tell…"

"Interest rates are to asset prices what gravity is…"

"The best chance to deploy capital is when things…"

"I’ve seen more people fail because of liquor and…"

"I try to buy stock in businesses that are…"

"You do things when the opportunities come along."

"In a commodity-type business, you’re only as smart as…"

"The most important quality for an investor is temperament,…"

"What the wise do in the beginning, fools do…"

"The investor of today does not profit from yesterday’s…"

"Keep things simple and don’t swing for the fences.…"

"If a business does well, the stock eventually follows.…"

"We enjoy the process far more than the proceeds.…"

"No matter how great the talent or efforts, some…"

"A public-opinion poll is no substitute for thought."

"I don’t look to jump over 7-foot bars: I…"

"You can’t produce a baby in one month by…"

"Cash combined with courage in a time of crisis…"

"It’s far better to buy a wonderful company at…"

Understanding the quote

Frequently Asked Questions

Frequently asked

Who said "You only have to do a very few things right in your life so long as you don't do too many things …"? +

This quote is attributed to Warren Buffett. Warren Buffett is a widely quoted figure. Their most powerful quotes on life, success and human nature are collected here for daily inspiration and reflection.

What does this Warren Buffett quote mean? +

Where is this Warren Buffett quote from? +

The wording and attribution are documented at en.wikiquote.org. Use the original source linked on this page to verify the exact phrasing and context.