These quotes are the best I have found. They are mainly related
with my passion: investing. By refreshing the page you get new
random quotes from my collection, feel free to contact me.
Cheers! jrv

"The stock market is filled with individuals who know the price of everything, but the value of nothing"
-- Philip Fisher

"We want to do business in times of pessimism, not because we like pessimism but because we like the prices it produces. It's optimism that’s the enemy of the rational buyer."
-- Warren Buffett

"In the insurance business, there is no statute of limitation on stupidity."
-- Warren Buffett



The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.
-- Bertrand Russel

"When returns on capital are ordinary, an earn-more-by-putting-up-more record is no great managerial achievement. You can get the same result personally while operating from your rocking chair. just quadruple the capital you commit to a savings account and you will quadruple your earnings. You would hardly expect hosannas for that particular accomplishment. Yet, retirement announcements regularly sing the praises of CEOs who have, say, quadrupled earnings of their widget company during their reign - with no one examining whether this gain was attributable simply to many years of retained earnings and the workings of compound interest."
- 1985 Chairman's Letter to Shareholders
-- Warren Buffett

“I don’t have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It’s like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GNP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don’t do that though. I don’t use very many of those claim checks. There’s nothing material I want very much. And I’m going to give virtually all of those claim checks to charity when my wife and I die.”
-- Warren Buffett

Determine value apart from price; progress apart from activity; wealth apart from size.
-- Charlie Munger

"Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds... any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops"
-- Warren Buffett

“Why not invest your assets in the companies you really like? As Mae West said, “Too much of a good thing can be wonderful”.
-- Warren Buffett

The primary test of managerial economic performance is the achievement of a high earnings rate on equity capital employed (without undue leverage, accounting gimmickry, etc.) and not the achievement of consistent gains in earnings per share.
-- Warren Buffett

The value of a business is the cash it's going to produce in the future.
-- Warren Buffett

There is one quality which one must possess to win, and that is definiteness of purpose, the knowledge of what one wants, and a burning desire to possess it.
-- Napoleon Hill

"There seems to be some perverse human characteristic that likes to make easy things difficult."
-- Warren Buffett

"10. How good are the company’s cost analysis and accounting methods?
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

"4. Does the company have an above average sales organization?"
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

"Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it."
-- Warren Buffett

One of the main weaknesses of mankind is the average man's familiarity with the word "impossible."
-- Napoleon Hill

"The most common cause of low prices is pessimism-some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer."
1990 Chairman's Letter to Shareholders
-- Warren Buffett