Quotes from Common Stocks and Uncommon Profits and Other Writings

“Such a study indicates that the greatest investment reward comes to those who by good luck or good sense find the occasional company that over the years can grow in sales and profits far more than industry as a whole. It further shows that when we believe we have found such a company we had better stick with it for a long period of time. It gives us a strong hint that such companies need not necessarily be young and small. Instead, regardless of size, what really counts is a management having both a determination to attain further important growth and an ability to bring its plans to completion.”
― quote from Common Stocks and Uncommon Profits and Other Writings

“Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.”
― quote from Common Stocks and Uncommon Profits and Other Writings

“Most frequently given of such reasons is the conviction that a general stock market decline of some proportion is somewhere in the offing. In the preceding chapter I tried to show that postponing an attractive purchase because of fear of what the general market might do will, over the years, prove very costly. This is because the investor is ignoring a powerful influence about which he has positive knowledge through fear of a less powerful force about which, in the present state of human knowledge, he and everyone else is largely guessing.”
― quote from Common Stocks and Uncommon Profits and Other Writings

“In a new plant for even established processes or products, there will probably be a shake-down period of six to eight weeks that will prove rather expensive. It takes this long to get the equipment adjusted to the required operating efficiency and to weed out the inevitable "bugs" that seem to occur in breaking in modern intricate machinery.”
― quote from Common Stocks and Uncommon Profits and Other Writings

“But his very best questions always popped out of his mind, unprepared, never having been written down in advance because they were the angle he picked up on the fly, as he heard an answer to a lesser question. Those creative questions were the art. It is what, in my mind, made his querying great.”
― quote from Common Stocks and Uncommon Profits and Other Writings

“One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.”
― quote from Common Stocks and Uncommon Profits and Other Writings

“Fighting unemployment by methods far more costly than the opening of bread lines and soup kitchens would not have been given serious consideration, regardless of which party might have been in office. Since 1932 all that is reversed. The Democrats may or may not be less concerned with a balanced federal budget than the Republicans. However, from President Eisenhower on down, with the possible exception of former Secretary of the Treasury Humphrey, the responsible Republican leadership has said again and again that if business should really turn down they would not hesitate to lower taxes or make whatever other deficit-producing moves were necessary to restore prosperity and eliminate unemployment. This is a far cry from the doctrines that prevailed prior to the big depression.”
― quote from Common Stocks and Uncommon Profits and Other Writings

Popular quotes

“I would not know what to say to you, except this: there was never a map that got it all right, and truth and beauty were never married to one another for long.”
― Reif Larsen, quote from The Selected Works of T.S. Spivet

“But now I’m thinking that wanting to end up with a great storyteller might have been a bad idea. Because girls who can tell great stories are also great liars.”
― Lauren Barnholdt, quote from The Thing About the Truth

“I do not need a friend who changes when I change and who nods when I nod; my shadow does that much better. Know how to listen, and you will profit even from those who talk badly. Sometimes silence, at the proper season, is wisdom and better than any speech.”
― Jeff Wheeler, quote from The Blight of Muirwood

“Imágenes del pasado remoto se agolpan en mi cabeza, y la mitad de las veces soy incapaz de distinguir si son recuerdos o invenciones. Tampoco es que haya mucha diferencia, si es que hay alguna. Hay quien afirma que, sin darnos cuenta, nos lo vamos inventando todo, adornándolo y embelleciéndolo, y me inclino a creerlo, pues Madame Memoria es una gran y sutil fingidora. Los pecios que elijo salvar del naufragio general —¿y qué es la vida, sino un naufragio gradual?— a veces asumen un aspecto de inevitabilidad cuando los exhibo en sus vitrinas, pero son azarosos; quizá representativos, quizá de manera convincente, pero sin embargo azarosos.”
― John Banville, quote from Ancient Light

“He was possessed of a belief that nothing existed, or to be more precise, that only when things were perceived could we be sure that they existed. He troubled himself in arguments, therefore, that when he was not in his chamber, and no one else was in his chamber, there was no one who could say beyond a shadow of a doubt that his desk still existed... or that the bed had not simply frayed into atoms...[Dr. 03-01] developed the habit of quietly leaving company quite suddenly and charging above-stairs to his bedchamber, throwing open the door, and crying "Ah ha!" He found, always, that matter had retained its dubious solidity in his absence; but this did not deter him.”
― M.T. Anderson, quote from The Pox Party

Interesting books

About BookQuoters

BookQuoters is a community of passionate readers who enjoy sharing the most meaningful, memorable and interesting quotes from great books. As the world communicates more and more via texts, memes and sound bytes, short but profound quotes from books have become more relevant and important. For some of us a quote becomes a mantra, a goal or a philosophy by which we live. For all of us, quotes are a great way to remember a book and to carry with us the author’s best ideas.

We thoughtfully gather quotes from our favorite books, both classic and current, and choose the ones that are most thought-provoking. Each quote represents a book that is interesting, well written and has potential to enhance the reader’s life. We also accept submissions from our visitors and will select the quotes we feel are most appealing to the BookQuoters community.

Founded in 2023, BookQuoters has quickly become a large and vibrant community of people who share an affinity for books. Books are seen by some as a throwback to a previous world; conversely, gleaning the main ideas of a book via a quote or a quick summary is typical of the Information Age but is a habit disdained by some diehard readers. We feel that we have the best of both worlds at BookQuoters; we read books cover-to-cover but offer you some of the highlights. We hope you’ll join us.