Warren Buffett on Optimism as the Enemy
on Wednesday, April 24, 2013Warren Buffett Money Quotation saying being optimistic is rarely the best strategy but rather being an investor with a clear headed plan. Warren Buffett said:
“It is optimism that is the enemy of the rational buyer” — Warren Buffett
In this quote, Warren Buffett is warning against being too optimistic when making investment decisions. He believes that optimism can cloud one’s rational judgment as a buyer or investor. By being optimistic, one may overlook risks and downsides of an investment opportunity.
Buffett advocates being a “rational buyer” – making investment decisions based on clear-headed analysis of the fundamentals and potential outcomes, without overly optimistic biases. His view is that optimism is the enemy of such rational decision-making.