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Quote by Carlos Castaneda

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Carlos Castaneda
Carlos Castaneda

Carlos Castaneda, born on December 25, 1925, was a renowned author. His works primarily revolve around his encounters and dialogues with the Native American shaman Don Jose Matus, exploring themes such as human consciousness, personal growth, and supernatural phenomena. more

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“We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.”

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Author:Warren Buffett
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“But, surprise - none of these blockbuster events made the slightest dent in Ben Graham's investment principles. Nor did they render unsound the negotiated purchases of fine businesses at sensible prices. Imagine the cost to us, then, if we had let a fear of unknowns cause us to defer or alter the deployment of capital. Indeed, we have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.”

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Author:Warren Buffett
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“Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome).”

PeopleIdeasHardBigsRunningAbleChallengesSimpleNumbersConceptsAdvantageOvercomingInvestmentEndureManageOwnersAttributesSensibleParagraphCompetitive Advantage
Author:Warren Buffett
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