TheInspired Sage
Grant Park, Chicago, Illinois, Estados Unidos, , DD
“
Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
Warren Buffett
— Warren Buffett
Investor

About this quote

Attributed to
Warren Buffett
Attribution status
As published

Photo: Diego Delso · CC BY-SA 3.0 · source · Portrait: Mark Hirschey (CC BY-SA 2.0)

Reflect

What would patience look like in your portfolio this month?

The Sage Challenge

Review one recurring expense and decide to keep, cut or renegotiate it.

Join to journal, save & shareCreate a share image

Watch & listen

Best Advice: Warren Buffett and Charlie Munger | Fortune

Fortune Magazine·Wall Street
Featured in one of the Sage books

Warren's Wisdom - Warren Buffett

InvestigativInvestor·Wall Street
Featured in one of the Sage books

Warren Buffett, Chairman, Berkshire Hathaway Investment Group | Terry Leadership Speaker Series

Terry College of Business at the University of Georgia·Wall Street
Featured in one of the Sage books

More from Warren Buffett & related wisdom

“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoter…” — Warren Buffett · The Inspired Sage