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Quote by Wayne Huizenga

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Wayne Huizenga
Wayne Huizenga

Wayne Huizenga is a distinguished businessman, born on December 29, 1937. He is renowned for his success in the retail and entertainment industries, particularly for his contributions to the founding and operation of Blockbuster Video and Waste Management. more

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“In our view, though, investment students need only two well-taught courses-How to Value a Business, and How to Think about Market Prices. Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business who's earnings are virtually certain to be materially higher five, ten and twenty years from now.”

“We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good investments and that you wanted to be in good investments, and therefore, you'd just find a few of them that you knew a lot about and concentrate on those seemed to me such an obviously good idea. And indeed, it's proven to be an obviously good idea. Yet 98% of the investing world doesn't follow it. That's been good for us.”