As in the case with marriage, business acquisitions often deliver surprise after the “I do’s”. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Hathaway Shareholders (2016), Quotations book 2022
You only learn who has been swimming naked when the tide goes out. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Hathaway Shareholders (2007), Quotations book 2022
The best way to think about investments is to be in a room with no one else and to just think. If that doesn’t work, nothing else is going to work. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from a Colloquium at the University of Florida (October 15, 1998), Quotations book 2022
Uncertainty actually is the friend of the buyer of long-term values. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from a magazine article (“Forbes”, August 6, 1979)
Don’t pass up something that’s attractive today because you think you will find something better tomorrow. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from an interview with Becky Quick together with Bill Gates at Columbia University (November 12, 2009), Quotations book 2022
The issue is always the same: the government or the market. There is no third solution. Ludwig von Mises – Austrian economist (1881-1973), from “Planned Chaos” (1947)
The wise learn many things from their enemies. Ἀλλ´ ἀπ´ ἐχθρῶν δῆτα πολλὰ μανθάνουσιν οἱ σοφοί. Aristophanes – Greek comic playwright (455-385 B.C.), from “The Birds”, l. 375 (“Ὄρνιθες”, 414 B.C.), Quotations book 2022
You have got to write the first sentence of a story so that whoever reads it will want to read the second one. William Faulkner – American writer, Nobel Prize in literature 1949 (1897-1962), from a from December 1951, published in Joseph Blotner (ed.): “Selected Letters of William Faulkner” (1976), Quotations book 2022
The master-economist must possess a rare combination of gifts. […] He must understand symbols and speak in words. He must contemplate the particular in terms of the general and touch abstract and concrete in the same flight of thought. He must study the present in the light of the past for the purposes of the future. John Maynard Keynes – British economist and investor (1883-1946), from his...
It is never too late to give up our prejudices. Henry David Thoreau – American writer (1817-1862), from “Walden” (1854), Quotations book 2022
It”s almost impossible to overpay the truly extraordinary CEO… but the species is rare. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)
Imagine […] that every morning when you wake up, a bank would open an account in your name containing 86,400 $. There were only two rules: The first rule is that everything you fail to spend is taken from you that night. You can’t cheat, you can’t switch the unspent money to another account: you can only spend it. But when you wake next morning, and every morning after that, the bank opens a...
Seek advice from every wise person and do not despise any useful counsel. The Bible, Tobit 4:18 (NRSV) – Quotations book 2022
The naked eye sees ten good investments. The trained eye sees one. slogan by “State Street Global Advisors” – asset manager from Boston, Massachusetts, USA, Quotations book 2022
Fear is nothing but the failure to use the help that reason gives. The Bible, Wisdom 17:12 (GNT) – Quotations book 2022
Success leaves traces. Sir John Marks Templeton – value investor and philanthropist (1912-2008)
– First-class management with a proven record of keeping its word. – Does innovative research and uses technology to maximum advantage. – Operates abroad as well as at home. (Growth via overseas expansion) – Sells products and services that don’t become obsolete. – Insiders own a large chunk of shares and have a personal stake in the company’s success. –...
What data, facts, or events would cause you to change your mind? Dr. E. Russell Alexander – American epidemiologist and public health official (1928-2006), Quotations book 2022
People always look for the needle in the haystack. Why not buy the haystack? Fayez Sarofim – Egyptian-born American investor (1929-2022), from the interview “A Lion in Winter” by Andrew Bary (“Barron’s”, December 28th, 2013)