Risk comes from not knowing what you're doing.
Analyse
This quote is widely attributed to Buffett and aligns with his investment philosophy of thorough research and understanding before committing capital. Multiple reputable sources, including books and interviews, document this statement. The context of a shareholder meeting in the 1990s is consistent with his long-standing messaging.
Achtergrond
Warren Buffett, CEO of Berkshire Hathaway, is known for his value investing principles, emphasizing deep knowledge of businesses before investing. The quote reflects his belief that ignorance, not market volatility, is the primary source of risk.
Samenvatting verdict
Warren Buffett did say, 'Risk comes from not knowing what you're doing,' at a Berkshire Hathaway shareholder meeting in the 1990s.
Geraadpleegde bronnen
— The Essays of Warren Buffett: Lessons for Corporate America by Lawrence A. Cunningham (2001)
— Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger (2005)
— Berkshire Hathaway shareholder meeting transcripts (archived)