Warren Buffett Quotes About Geeks

Quotes about: Geeks

• Beware of geeks bearing formulas.

  Warren Buffett

  Saving, Investing, Geek

  "In Letter, Warren Buffett Concedes a Tough Year" by David Segal, www.nytimes.com. February 28, 2009.

• Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.

  Warren Buffett

  Looks, Esoteric, Geek

• I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he had all these - they had all these types from Wall Street, you know, and they had advanced degrees, and they look very alert, and they came with these - they came with these things that said gamma and alpha and sigma and all that. And all I can say is beware of geeks, you know, bearing formulas. They've heard that in Europe.

  Warren Buffett

  Wall, Couple, Mean

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

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