Warren Buffett Quotes

Prudence operates on life in the same manner as rule of composition; it produces vigilance rather than elevation; rather prevents loss than procures advantage; and often miscarriages, but seldom reaches either power or honor.

Imprudence relies on luck, prudence on method. That gives prudence less edge than it expects.

Our culture rightly admires risk-takers, but we need our 'heed-takers' more than ever.

As Secretary of Defense I have to be cautious and prudent.

He who is not a bird should not build his nest over abysses.

Caution, though very often wasted is a good risk to take.

Do nothing till thou hast well considered the end of it.

Those who are guided by reason are generally successful in their plans; those who are rash and precipitate seldom enjoy the favour of the gods.

By playing at Chess then, we may learn... First: Foresight. Second: Circumspection. Third: Caution.

Prudence is the footprint of Wisdom.

Fools rush in where wise men fear to trade.

Never risk your reputation on a single shot, for if you miss the loss is irreparable.

Be curious about life, and cautious with it!

Precaution is better than a cure.

I've spent so much time making sure I don't underestimate my opponents that I've forgotten it's just as dangerous to overestimate them as well.

Caution is the daughter of circumspection, but she tends to outgrow her mother.

The eye of prudence may never shut.

I read, I study, I examine, I listen, I reflect, and out of all of this I try to form an idea into which I put as much common sense as I can. I shall not speak much for fear of saying foolish things; I will risk still less for fear of doing them, for I am not disposed to abuse the confidence which they have deigned to show me. Such is the conduct which until now I have followed and will follow.

Better to be despised for too anxious apprehensions than ruined by too confident a security.

We should never so entirely avoid danger as to appear irresolute and cowardly; but, at the same time, we should avoid unnecessarily exposing ourselves to danger, than which nothing can be more foolish.

Forethought spares afterthought.

The wise duck keeps his mouth shut when he smells frogs.

Change almost never fails because it's too early. It almost always fails because it's too late.

No misfortune is worse than underestimating the enemy. Underestimating the enemy, I risk losing my treasure.

A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.