
“Investment is most intelligent when it is most businesslike.”
Source: The Intelligent Investor (1973) (Fourth Revised Edition), Chapter 20, "Margin of Safety": The Central Concept, p. 286
Compare: It’s a point so blindingly obvious that only an extraordinarily clever and sophisticated person could fail to grasp it.
John Bercow, 2016.
General sources
Variant: There is no limit to the amount of intelligence invested in ignorance when the need for illusion runs deep.
Source: To Jerusalem and Back: A Personal Account (1976), p. 127
“Investment is most intelligent when it is most businesslike.”
Source: The Intelligent Investor (1973) (Fourth Revised Edition), Chapter 20, "Margin of Safety": The Central Concept, p. 286
Source: god is Not Great: How Religion Poisons Everything
This "aphorism" was expressed in different forms by Josh Billings and Socrates. note: Often misquoted as, "The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge," and often misattributed to Stephen Hawking.
Source: Cleopatra's Nose: Essays on the Unexpected (1995).
Source: Celebration of Discipline: The Path to Spiritual Growth
As quoted in Homespun Wisdom from the "Oracle of Omaha" by Amy Stone in BusinessWeek (5 June 1999) http://www.businessweek.com/1999/99_27/b3636006.htm
2010s, 2015, Presidential Bid Announcement (June 16, 2015)
“[…]financial intelligence is a synergy of accounting, investing, marketing and law.”
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!