--- title: "Meaning & Key Takeaway of: You will be right, over the course of…" description: "\"You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True co..." image: "https://sms4smile.com/quotes/i/b4f/warren-buffett-183_conservatism_you-will-be-right-over-the-course-of-man_3171573.png" --- # You will be right, over the course of many transactions… ![“You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.” quote by Warren Buffett](https://sms4smile.com/quotes/i/b4f/warren-buffett-183_conservatism_you-will-be-right-over-the-course-of-man_3171573.png) [Download](https://sms4smile.com/quotes/i/b4f/warren-buffett-183_conservatism_you-will-be-right-over-the-course-of-man_3171573.png) [Open image](https://sms4smile.com/quotes/i/b4f/warren-buffett-183_conservatism_you-will-be-right-over-the-course-of-man_3171573.png) > “You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.” [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Accurate hypotheses, facts, and reasoning over many transactions validate true conservatism. **In simple terms:** Correct ideas and logic prove wise investing. Key Takeaway Base decisions on solid knowledge and reasoning. Themes investment conservatism knowledge Mood analytical cautious Type financial philosophical When to use this quote - stock trading - long term planning - risk assessment Key Concepts economics critical thinking Questions to Reflect On - How do you test your hypotheses? - What role does intuition play in investing? A Different Perspective Markets can be irrational despite sound reasoning. ★ ★ ★ ★ ★ No ratings yet [Conservatism](https://sms4smile.com/quotes/about/conservatism/) [Europe](https://sms4smile.com/quotes/about/europe/) [Facts](https://sms4smile.com/quotes/about/facts/) [Reason](https://sms4smile.com/quotes/about/reason/) [Reasoning](https://sms4smile.com/quotes/about/reasoning/) ## Related quotes > [I'm trying to uphold what was true about conservatism. 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We will reject interesting…](https://sms4smile.com/quotes/warren-buffett/we-rarely-use-much-debt-and-when-we-do-we-attempt-to-structure-it-on/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from…](https://sms4smile.com/quotes/warren-buffett/it-is-unquestionably-true-that-the-investment-companies-have-their/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Loyalty is dead, the experts proclaim, and the statistics seem to bear them out. 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Laing](https://sms4smile.com/quotes/author/r-d-laing/) > [A currency designed for long-term storage and investment doesn't do so well at encouraging transactions and exchange in the moment.](https://sms4smile.com/quotes/douglas-rushkoff/a-currency-designed-for-long-term-storage-and-investment-doesn-t-do/) [Douglas Rushkoff](https://sms4smile.com/quotes/author/douglas-rushkoff/) > [It seemed to be a necessary ritual that he should prepare himself for sleep by meditating under the solemnity of the night sky... a…](https://sms4smile.com/quotes/victor-hugo/it-seemed-to-be-a-necessary-ritual-that-he-should-prepare-himself-for/) [Victor Hugo](https://sms4smile.com/quotes/author/victor-hugo/) > [I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction.](https://sms4smile.com/quotes/lakshmi-mittal/i-have-confidence-that-the-government-of-luxembourg-will-not-make-any/) [Lakshmi Mittal](https://sms4smile.com/quotes/author/lakshmi-mittal/) > [I like paper statements rather than relying on computers. I feel more in control if my account details and transactions are broken down on…](https://sms4smile.com/quotes/geoff-capes/i-like-paper-statements-rather-than-relying-on-computers-i-feel-more/) [Geoff Capes](https://sms4smile.com/quotes/author/geoff-capes/) > [Everybody loves to spend money at least some of the time - because everybody loves the stuff you can buy with it. The key…](https://sms4smile.com/quotes/jeffrey-kluger/everybody-loves-to-spend-money-at-least-some-of-the-time-because/) [Jeffrey Kluger](https://sms4smile.com/quotes/author/jeffrey-kluger/) > [“Clients steer the ship in the sea of business.”](https://sms4smile.com/quotes/utibe-samuel-mbom/clients-steer-the-ship-in-the-sea-of-business/) [Utibe Samuel Mbom](https://sms4smile.com/quotes/author/utibe-samuel-mbom/) > [So true is it that all transactions of preeminent importance are wrapt in doubt and obscurity; while some hold for certain facts the most…](https://sms4smile.com/quotes/tacitus/so-true-is-it-that-all-transactions-of-preeminent-importance-are/) [Tacitus](https://sms4smile.com/quotes/author/tacitus/) ## More by Warren Buffett > [To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual…](https://sms4smile.com/quotes/warren-buffett/to-invest-successfully-over-a-lifetime-does-not-require-a/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“Be fearful when others are greedy, and be greedy when others are fearful.”](https://sms4smile.com/quotes/warren-buffett/be-fearful-when-others-are-greedy-and-be-greedy-when-others-are/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.](https://sms4smile.com/quotes/warren-buffett/making-money-isn-t-the-backbone-of-our-guiding-purpose-it-is-the-by/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [We set no volume goals in our insurance business generally-and certainly not in reinsurance-as virtually any volume can be achieved if profitability standards are…](https://sms4smile.com/quotes/warren-buffett/we-set-no-volume-goals-in-our-insurance-business-generally-and/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the…](https://sms4smile.com/quotes/warren-buffett/everybody-s-got-a-different-circle-of-competence-the-important-thing/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [It is better to point out your own mistakes than have somebody else do it.](https://sms4smile.com/quotes/warren-buffett/it-is-better-to-point-out-your-own-mistakes-than-have-somebody-else/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I've read about all the sales today. If you're an auto dealer, you're feeling it. 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We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The reaction of weak management to weak operations is often weak accounting.](https://sms4smile.com/quotes/warren-buffett/the-reaction-of-weak-management-to-weak-operations-is-often-weak/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I don't measure my life by the money I've made. Other people might, but certainly don't.](https://sms4smile.com/quotes/warren-buffett/i-don-t-measure-my-life-by-the-money-i-ve-made-other-people-might-but/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've…](https://sms4smile.com/quotes/warren-buffett/i-mean-the-truth-is-i-ve-never-had-it-so-good-in-terms-of-taxes-i-am/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the…](https://sms4smile.com/quotes/warren-buffett/the-most-important-quality-for-an-investor-is-temperament-not/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate…](https://sms4smile.com/quotes/warren-buffett/investors-of-course-can-by-their-own-behavior-make-stock-ownership/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) [Explore all 984 Warren Buffett quotes ](https://sms4smile.com/quotes/author/warren-buffett/) ## More Conservatism quotes > [Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them the tools at their disposable that…](https://sms4smile.com/quotes/marco-rubio/conservatism-is-not-about-leaving-people-behind-conservatism-is-about/) [Marco Rubio](https://sms4smile.com/quotes/author/marco-rubio/) > [“Conservatism aims to maintain in working order the loyalties of the community to perceived truths and also to those truths which in their judgment…](https://sms4smile.com/quotes/william-f-buckley-jr-2/conservatism-aims-to-maintain-in-working-order-the-loyalties-of-the/) [William F. 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I acknowledge that there are…](https://sms4smile.com/quotes/kristina-schroder/conservative-feminism-is-such-an-artificial-term-that-doesn-t-mean/) [Kristina Schroder](https://sms4smile.com/quotes/author/kristina-schroder/) > [Conservatism is affecting the way women perceive who they are in the world.](https://sms4smile.com/quotes/cate-blanchett/conservatism-is-affecting-the-way-women-perceive-who-they-are-in-the/) [Cate Blanchett](https://sms4smile.com/quotes/author/cate-blanchett/) > [Admirers can be a tremendous force for conservatism.](https://sms4smile.com/quotes/brian-eno/admirers-can-be-a-tremendous-force-for-conservatism/) [Brian Eno](https://sms4smile.com/quotes/author/brian-eno/) > [Conservatism defends those coercive arrangements which a still-lingering savageness makes requisite. Radicalism endeavours to realize a state more in harmony with the character of…](https://sms4smile.com/quotes/herbert-spencer/conservatism-defends-those-coercive-arrangements-which-a-still/) [Herbert Spencer](https://sms4smile.com/quotes/author/herbert-spencer/) > [Conservatism is about the basic rights of individuals. God created us. As far as the government goes, the Founding Fathers based the Constitution off…](https://sms4smile.com/quotes/joe-wurzelbacher/conservatism-is-about-the-basic-rights-of-individuals-god-created-us/) [Joe Wurzelbacher](https://sms4smile.com/quotes/author/joe-wurzelbacher/) > [A liberal is only a bundle of prejudices until he has mastered, has understood, experienced the philosophy of Conservatism.](https://sms4smile.com/quotes/lord-acton/a-liberal-is-only-a-bundle-of-prejudices-until-he-has-mastered-has/) [Lord Acton](https://sms4smile.com/quotes/author/lord-acton/) > [“At the time, he told his children to watch themselves, to understand that the tides of conservatism came and went and if they could…](https://sms4smile.com/quotes/paolo-bacigalupi/at-the-time-he-told-his-children-to-watch-themselves-to-understand/) [Paolo Bacigalupi](https://sms4smile.com/quotes/author/paolo-bacigalupi/) > [Conservatism is the worship of dead revolutions.](https://sms4smile.com/quotes/clinton-rossiter/conservatism-is-the-worship-of-dead-revolutions/) [Clinton Rossiter](https://sms4smile.com/quotes/author/clinton-rossiter/) > [Weirdly, there have been a lot of critics of conservatism, but very few critics of innovation. 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