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

“I leaned forward and kissed him. His eyes widened, then his lips parted and he kissed me back, mouth warm and firm against mine and that floating feeling washed over me and through me, and it was so amazing that when it ended, I just stayed there, my face so close to his I could feel his breath, see those incredible amber eyes, and that was all I could see,
all I wanted to see.”
― Kelley Armstrong, quote from The Gathering


“...I just want to clarify that I don't mean 'without my vagina' like I didn't have it with me at the time. I just mean that I wasn't, you know...displaying it while I was at Starbucks. That's probably understood, but I thought I should clarify, since it's the first chapter and you don't know that much about me. So just to clarify, I always have my vagina with me. It's like my American Express card. (In that I don't leave home without it. Not that I use it to buy stuff with.)”
― Jenny Lawson, quote from Let's Pretend This Never Happened: A Mostly True Memoir


“But how could you?" said Lina. "When people have been mean to you, why would you want to be good to them?"
"You wouldn't want to," Maddy said. "That's what makes it hard. You do it anyway. Being good is hard. Much harder than being bad.”
― Jeanne DuPrau, quote from The People of Sparks


“I had a lot of things I wanted to do… I want to be a teacher…I also want to be an astronaut…and also make my own cake shop…I want to go to the sweets bakery and say “I want one of everything”, ohhhh I wish I could live life five times over…Then I’d be born in five different places, and I’d stuff myself with different food from around the world…I’d live five different lives with five different occupations…and then, for those five times…I’d fall in love with the same person…”
― Tite Kubo, quote from Bleach, Volume 01


“The key to the trap is, of course, education. The feminine mystique has made higher education for women seem suspect, unnecessary and even dangerous. But I think that education, and only education, has saved, and can continue to save, American women from the greater dangers of the feminine mystique.”
― Betty Friedan, quote from The Feminine Mystique


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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.

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