This needs no introduction
- “I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.“
- “Rule No. 1: never lose money; rule No. 2: don’t forget rule No. 1”
- “Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.”
- “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
- “The stock market is a no-called-strike game. You don’t have to swing at everything–you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling, ‘Swing, you bum!'”
- “Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway.”
- “You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”
- “After all, you only find out who is swimming naked when the tide goes out.”
- “Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it’s the lack of change that appeals to me. I don’t think it is going to be hurt by the Internet. That’s the kind of business I like.”
- “Time is the friend of the wonderful business, the enemy of the mediocre.”
Did you enjoy this article? If so, please share our blog with your friends as we try to get traction. Gratitude!!!