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

“The code-of-ethics playlist:
o Treat your colleagues, family, and friends with respect, dignity, fairness, and courtesy.
o Pride yourself in the diversity of your experience and know that you have a lot to offer.
o Commit to creating and supporting a world that is free of discrimination, harassment, and retaliation.
o Have balance in your life and help others to do the same.
o Invest in yourself, achieve ongoing enhancement of your skills, and continually upgrade your abilities.
o Be approachable, listen carefully, and look people directly in the eyes when speaking.
o Be involved, know what is expected from you, and let others know what is expected from them.
o Recognize and acknowledge achievement.
o Celebrate, relive, and communicate your successes on an ongoing basis.”
― Lorii Myers, quote from Targeting Success, Develop the Right Business Attitude to be Successful in the Workplace


“She reached toward the chessboard, and he caught her hand in his. “Believe me,” he whispered. “When I wish to be, I can be very convincing.” He followed the seam of her fingers with this thumb, tracing slowly upward until he reached the soft cleft below her knuckles. He watched as her eyes widened and her lips parted. Then he stroked the spot lightly—a quick, circular caress—and she made a little sound, half gasp and half sigh. That little sound—that tiny, panting breath—was very nearly his undoing. Jeremy knew that sound. It was the tumbler of a lock falling in place, the charged crackle between lightning and thunderbolt, the hiss of a candlewick the instant before it comes alive with flame. An incomplete sound. A sound that promised—and begged for—more.”
― Tessa Dare, quote from Goddess of the Hunt


“It's never been true, not anywhere at any time, that the value of a soul, of a human spirit, is dependent on a number on a scale. We are unrepeatable beings of light and space and water who need these physical vehicles to get around. When we start defining ourselves by that which can be measured or weighed, something deep within us rebels.

We don't want to EAT hot fudge sundaes as much as we want our lives to BE hot fudge sundaes. We want to come home to ourselves. (p. 174-5)”
― Geneen Roth, quote from Women, Food and God: An Unexpected Path to Almost Everything


“God gave the requirement for the death penalty in Genesis 9:6 at the beginning of human society after the flood, when methods of collecting evidence and the certainty of proof were far less reliable than they are today. Yet God still gave the command to fallible human beings, not requiring that they be omniscient to carry it out, but only expecting that they act responsibly and seek to avoid further injustice as they carried it out. Among the people of Israel, a failure to carry out the death penalty when God had commanded it was to “pollute the land” and “defile” it before God, for justice had not been done (see Num. 35:32–34).”
― Wayne A. Grudem, quote from Politics - According to the Bible: A Comprehensive Resource for Understanding Modern Political Issues in Light of Scripture


“my dad left my mom because of me know because i was born but because of my condition,i'm a retard knot retard”
― Terry Trueman, quote from Stuck in Neutral


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