Warren Buffett: Money Sedates Rationality

Posted by admin on Wednesday, April 27, 2016

Warren Buffett Money Quote saying it’s easy to lose your rational mind when instant easy money is possible. Warren Buffett said:
 

 

“Nothing sedates rationality like large doses of effortless money” — Warren Buffett

 

 

Warren Buffett is saying that it is easy to lose your rational and logical thinking when money comes to you very easily, without much effort on your part. When wealth or income does not require hard work, it can make people less rational in their decision making.

Buffett is warning that large sums of effortless money may cause people to act in irrational ways because the money does not feel as valuable if it was easily obtained. The quote suggests that rational thinking is best maintained when money is earned through significant effort

Categories: investment Tagged:warren buffett