Rebuking troublemakers, comforting the fainthearted, looking after the weak, refuting opponents, being on guard against the devious, teaching the ignorant, rousing the lazy, restraining the quarrelsome, resisting the conceited, calming people fighting, helping the poor, liberating the oppressed, encouraging the good, tolerating the bad – and loving them all. Corripiendi sunt inquieti,...
Don’t let the fear of losing be greater than the excitement of winning. Robert T. Kiyosaki – American businessman and author (b. 1947), in a “Twitter” post from June 25, 2017 (since 2023 “X”), Quotations book 2024
Action is the antidote to despair. Joan Baez – American folk singer and musician, civil rights campaigner and activist (b. 1941), from an interview with Kurt Loder for “Rolling Stone” magazine (April 14, 1983), Quotations book 2024
In value investing you can improve when you’re old. You get an enormous advantage from practice in this field. Charlie Munger – Vice Chairman of Berkshire Hathaway (1924-2023), Quotations book 2024
Don’t say it can not be done, rather say,you don’t know how to do it yet. Tomáš Baťa – Czech entrepreneur and founder of the Bata shoe company (1876-1932), Quotations book 2024
If you define the problem correctly, you almost have the solution. Steve Jobs – American company founder: Apple (1955-2011), Quotations book 2024
Work on causes, not on results. Certainly we need good results. But management by results is not the way to get good results, it is the way to get worse results. It’s action on outcome. Not on the causes of results. Costs are not causes. Costs come from causes. Work on causes, not on results. This kind of management is tampering. In place of Management By Results, it is better to understand...
To effect real change, you must impart real love. Eyal Shahar – Israeli investor and former intelligence officer, founder and President of Online Trading Academy. (b. 1960)
One of the questions we like to ask [the CEO particularly] is, how do you measure if you’ve been a success managing this business? As you might expect some say the price of the stocks goes up, or we hit our earnings target, or we delivered on all the things the board asked of us. It’s a rare occasion that the CEO articulates an idea that shows he understands the idea of compounding the...
Как ночное небо: чем больше смотришь, тем больше звезд. Дми́трий Серге́евич Мережко́вский – русский писатель (1865-1941), из “Иисус Неизвестный”, Том первый, Часть I (1932/34), Котировочная книга 2024 It is like the night sky: the longer you gaze at it, the greater is the multitude of the stars. Dmitry Sergeyevich Merezhkovsky – Russian writer (1865-1941), from...
Thousands and millions of individuals work, produce and save … They are prompted by a natural vocation rather than mere thirst for money. The taste, their pride in seeing one’s company prosper, establish a reputation, inspire confidence from an ever-growing clientele, their pleasure in extending their facilities and embellishing their offices, constitute an incentive towards...
Your most unhappy customers are your greatest source of learning. William H. “Bill” Gates – American Software entrepreneur, Microsoft (b. 1955), from “Business @ the Speed of Thought: Succeeding in the Digital Economy” (1999), Quotations book 2024
Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios, which frequently appear downright imprudent in the eyes of conventional wisdom. David F. Swensen – American investor, endowment fund manager, and philanthropist (1954-2021), from “Pioneering Portfolio Management: An Unconventional Approach to...
Ideas are easy. Execution is everything. L. John Doerr – American investor and leading venture capitalist: chairman of “Kleiner Perkins” (b. 1951), Quotations book 2024
As we look for new answers in the modern age, I for one prefer the tried and tested recipes, like speaking well of each other and respecting different points of view; coming together to seek out the common ground; and never losing sight of the bigger picture. Queen Elizabeth II. – British monarch, 1952-2022 Queen of the United Kingdom of Great Britain and Northern Ireland (1926-2022), in her...
We would rather suffer the visible costs of a few bad decisions than incur the many invisible costs that come from decisions made too slowly – or not at all – because of a stifling bureaucracy. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Hathaway Shareholders (2009), Quotations book...
Investing isn’t an IQ test; it’s a test of character. Jason Zweig – American journalist (b. 1959), in “Do You Know the Difference Between Being Rich and Being Wealthy?” (“The Wall Street Journal”, August 8th, 2020), Quotations book 2024
Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2024
Information cannot serve as an effective substitute for thinking. Bernard M. Baruch – American financier, adviser to several American presidents (1870-1965), from “Baruch: My Own Story” (1957), Quotations book 2024
The true delight is in the finding out rather than in the knowing. Isaac Asimov – Russian-born American writer and biochemist (1920-1992), Quotations book 2024