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

"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

Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
-- Warren Buffett

In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time - none, zero.
-- Charlie Munger



"Someone's sitting in the shade today because someone planted a tree a long time ago."
-- Warren Buffett

We never buy something with a price target in mind.
-- Warren Buffett

A person infatuated with measurement, who has his head stuck in the sand of the balance sheets, is not likely to succeed.
-- Peter Lynch

The majority of people permit relatives, friends, and the public at large to so influence them that they cannot live their own lives, because they fear criticism.
-- Napoleon Hill

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

“What are you doing your competitors aren’t doing yet?”
-- Philip A. Fisher

"3. How effective are the company’s research and development efforts in relation to its size?"
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.
-- Warren Buffett

And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time they don't. It's just that simple.
-- Charlie Munger

"There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do."
- Morningstar Interview
-- Warren Buffett

I would rather be approximately right than precisely wrong.
--Wrren Buffet

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

"15. Does the company have a management of unquestionable integrity?"
-- Philip A. Fisher - "One of the Fifteen points to look for in a common stock"

"We're more comfortable in that kind of business. It means we miss a lot of very big winners. But we wouldn't know how to pick them out anyway. It also means we have very few big losers - and that's quite helpful over time. We're perfectly willing to trade away a big payoff for a certain payoff."
- 1999 Berkshire Hathaway Annual Meeting
-- Warren Buffett

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.
-- Warren Buffett