“If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.” IfsWorldGivingSaidDoneDrinkBillionsCoca ColaSoft Drinks Author:Warren Buffett
“It's one of the ironies of investing. The rich can afford to take risks, but they don't need to. The poor need to take risks, but they often can't afford to.” NeedsPoorRichRiskInvestingIronyOften Can Author:Jonathan Clements
“Problems in a company are like cockroaches in the kitchen. You will never find just one” ProblemCompanyKitchenJust OneCockroaches Author:Warren Buffett
“Some people seem to think there's no trouble just because it hasn't happened yet. If you jump out the window at the 42nd floor and you're still doing fine as you pass the 27th floor, that doesn't mean you don't have a serious problem. I would want to address the problem right now.” PeopleIfsThinkingWantMeanStillsProblemSeemsHappenedTroubleSeriousFineRight NowWindowInvestingAddresses Author:Charlie Munger
“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.” MadeEventsFoeApprehensionFundamentalistMacro Author:Warren Buffett
“Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.” ProblemSimpleKnowingLowsSells Author:Jim Rogers
“If you're an investor, you're looking on what the asset is going to do, if you're a speculator, you're commonly focusing on what the price of the object is going to do, and that's not our game.” IfsGamesObjectsAssetsInvestorsSpeculators Author:Warren Buffett
“Stock speculation is largely a matter of A trying to decide what B, C and D are likely to think-with B, C and D trying to do the same.” ThinkingTryingMatterSpeculation Book:Security Analysis: Principles and Techniques Source: Security Analysis: Principles and Techniques
“It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go.” WayTryingMiracleInvestingConservativeSavingDumbThings To DoSteadyExpectingSavingsDumb Things Author:Charlie Munger