Argument Quote by Warren Buffett
“An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait until things clear up a bit? You know the prose: "Maintain buying reserves until current uncertainties are resolved," etc. Before reaching for that crutch, face up to two unpleasant facts: The future is never clear and you pay a very high price for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.”
About This Quote
Source Interview: Berkshire Hathaway Annual Shareholder Meeting, 2020
Uncertainty is inevitable; waiting for clarity costs more than embracing risk in long‑term investing.
In simple terms: Uncertainty is a buyer’s ally; don’t wait for perfect clarity.
Embrace uncertainty in long‑term decisions.
Themes
Mood
Type
When to use this quote
- portfolio planning
- financial education
- risk‑adjusted strategy sessions
Key Concepts
Questions to Reflect On
- How can investors balance uncertainty with prudent analysis?
- What strategies mitigate the cost of waiting?
May downplay the need for due diligence.