21st century Quote by Warren Buffett
“We have embraced the 21st century by entering such cutting-edge industries as brick, carpet, insulation and paint. Try to control your excitement.”
About This Quote
Source Speech: Annual Shareholder Meeting, Berkshire Hathaway, 1998
He humorously notes that modern industry includes mundane sectors, urging restraint despite excitement.
In simple terms: Even ordinary businesses are high‑tech now; stay calm.
Key Takeaway
Control enthusiasm in new ventures.
Themes
business
innovation
tempered optimism
Mood
cautious
reflective
Type
advisory
humorous
When to use this quote
- investment decisions
- career changes
- startup launches
- market entry
Key Concepts
economics
risk management
industry evolution
Questions to Reflect On
- How do you keep excitement from impairing decisions?
- When is caution more valuable than optimism?
A Different Perspective
Excitement can cloud judgment and lead to over‑investment.
