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

"2. Does the management have a determination to continue to develop products or processes that will still further increase total sales potentials when the growth potentials of currently attractive product lines have largely been exploited?" -- Philip A. Fisher - "One of the Fifteen points to look for in a common stock" "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 gross national product would go up." -"Billionaires Are Free," New York magazine, November 6, 2006 -- Warren Buffett "You ought to be able to explain why you're taking the job you're taking, why you're making the investment you're making, or whatever it may be. And if it can't stand applying pencil to paper, you'd better think it through some more. And if you can't write an intelligent answer to those questions, don't do it." -- Warren Buffett "I wouldn't mind going to jail if I had three cellmates who played bridge" Buffett on Bridge -- Warren Buffett "Price is what you pay. Value is what you get." -- Warren Buffett "For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up." -- Warren Buffett "Price is what you pay. Value is what you get." — Warren Buffett I have no complex about wealth. I have worked hard for my money, producing things people need. I believe that the able industrial leader who creates wealth and employment is more worthy of historical notice than politicians or soldiers. -- J. Paul Getty "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact." -- 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 strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it." - 1993 Chairman's Letter to Shareholders -- Warren Buffett "I'd be a bum on the street with a tin cup if the markets were always efficient." -- Warren Buffett "I have noticed that everyone who ever told me that the markets are efficient is poor." -- Larry Hite The sillier the market's behavior, the greater the opportunity for the business-like investor. -- Warren Buffett "First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy." - 2000 Letter to Shareholders -- Warren Buffett “It turns out that value investing is something that is in your blood. There are people who just don’t have the patience and discipline to do it, and there are people who do. So it leads me to think it’s genetic.” -- Seth Klarman "I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital." - in a letter to his partners in the stock market frenzy of 1969. -- Warren Buffett I would rather be approximately right than precisely wrong. --Wrren Buffet