Quote by Warren Buffett

Risk comes from not knowing what you're doing.

Risk comes from not knowing what you're doing.

Summary

This quote, often attributed to Warren Buffett, emphasizes the importance of understanding and knowledge when it comes to managing risks. It suggests that taking risks becomes dangerous when one lacks the necessary understanding or expertise in a particular area. It underscores the notion that informed decision-making and awareness of potential outcomes are crucial in mitigating risks and avoiding unnecessary pitfalls. Essentially, the quote implies that informed planning and knowledge can act as powerful risk management tools.

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By Warren Buffett

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