Quotes from The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments

200 pages

Rating: (1K votes)


“unless a company has some kind of economic moat, predicting how much shareholder value it will create in the future is pretty much a crapshoot, regardless of what the historical track record looks like. Looking at the numbers is a start, but it’s only a start. Thinking carefully about the strength of the company’s competitive advantage, and how it will (or won’t) be able to keep the competition at bay, is a critical next step.”
― quote from The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments


“Even the Best Company Will Hurt Your Portfolio If You Pay Too Much for It.”
― quote from The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments


“Thinking about moats can protect your investment capital in a number of ways. For one thing, it enforces investment discipline, making it less likely that you will overpay for a hot company with a shaky competitive advantage. High returns on capital will always be competed away eventually, and for most companies—and their investors—the regression is fast and painful.”
― quote from The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments


“The best engineer in the world can’t build a 10-story sandcastle.”
― quote from The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments


“you can simply buy wonderful companies at reasonable prices, and let those companies compound cash over long periods of time. Surprisingly, there aren’t all that many money managers who follow this strategy, even though it’s the one used by some of the world’s most successful investors. (Warren Buffett is the best-known.)”
― quote from The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments



Popular quotes

“You never know what's around the corner,”
― Christine Kersey, quote from He Loves Me Not


“Our troubles are but mayflies, rising and falling between the turn of dawn and dusk. And then they are gone to the houses of memory, you and I will remain, Yukiko.”
― Jay Kristoff, quote from Stormdancer


“Early retirement, Dalton. Teach yourself to type with your toes and you
can start writing your memoirs.”
― Mark Allen Smith, quote from The Inquisitor


“The thing looked like an especially unsavory cross between a mangy hound-dog, a Tasmanian devil, and a scruffy, drug-addled, middle-aged British rock star.”
― Mark McLaughlin, quote from Best Little Witch-House in Arkham


“Sadly, I can't say the same for my Father, who is probably in a different place - Hell.”
― Alan Partridge, quote from I, Partridge: We Need to Talk About Alan


Interesting books

Dangerous to Know & Love
(8.3K)
Dangerous to Know &...
by Jane Harvey-Berrick
Thank You for Being Such a Pain: Spiritual Guidance for Dealing with Difficult People
(100)
Who Fears The Devil
(360)
Who Fears The Devil
by Manly Wade Wellman
Chasing Merlin
(35)
Whole: Rethinking the Science of Nutrition
(3.7K)
Whole: Rethinking th...
by T. Colin Campbell
The Portable Henry Rollins
(1.4K)
The Portable Henry R...
by Henry Rollins

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.