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

"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing. No one ever gets rich on their seventh best idea!"
-- Warren Buffett

The number one idea is to view a stock as an ownership of the business and to judge the staying quality of the business in terms of its competitive advantage. Look for more value in terms of discounted future cash-flow than you are paying for. Move only when you have an advantage.

It’s not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it - who look and sift the world for a mispriced bet - that they can occasionally find one.
-- Charlie Munger

"I look for businesses in which I think I can predict what they’re going to look like in ten to fifteen years time. Take Wrigley’s chewing gum. I don’t think the internet is going to change how people chew gum."
-- Warren Buffett



"I have noticed that everyone who ever told me that the markets are efficient is poor."
-- Larry Hite

I have an ideal life. I get to do what I want to do everyday. And money can't buy any more than that.
-- Warren Buffett

"Our favourite holding period is forever."
-Letter to Berkshire Hathaway shareholders, 1988

I'm not entitled to have an opinion unless I can state the arguments against my position better than the people who are in opposition. I think that I am qualified to speak only when I've reached that state.
-- Charlie Munger

"I always knew I was going to be rich. I don't think I ever doubted it for a minute."
-- Warren Buffett

"The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price."
-- Warren Buffett

"The conventional view serves to protect us from the painful job of thinking."
-- John Kenneth Galbraith

"5. Does the company have a worthwhile profit margin?"
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea on them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him."
-- Leo Tolstoy - used as the intro to "The Big Short"

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.
-- Warren Buffett

It's not impossible to write [an accounting] footnote explaining deferred acquisition costs in life insurance or whatever you want to do. You can write it so you can understand it. If it's written so you can't understand it, I'm very suspicious. I won't invest in a company if I can't understand the footnote because I know they don't want me to understand it.
-- Warren Buffett

"The investor cannot pinpoint just how much per share a particular company will earn two years from now. As a matter of fact, the company's top management cannot. Under these circumstances, how can anyone say with even moderate precision just what is overpriced for an outstanding company with an unusually rapid growth rate? If the growth rate is so good that in another ten years the company might well have quadrupled, is it really of such great concern whether at the moment the stock might or might not be 35% overpriced? That which really matters is not to disturb a position that is going to be worth a great deal more later."
-- Philip A. Fisher

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

"9. Does the company have depth to its management?"
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

If you're not learning while you're earning, you're cheating yourself out of the better portion of your compensation.
-- Napoleon Hill