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

“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

“Stars are good, too. I wish I could get some to put in my hair. But I suppose I never can. You would be surprised to find how far off they are, for they do not look it. When they first showed, last night, I tried to knock some down with a pole, but it didn't reach, which astonished me; then I tried clods till I was all tired out, but I never got one. It was because I am left-handed and cannot throw good. Even when I aimed at the one I wasn't after I couldn't hit the other one, though I did make some close shots, for I saw the black blot of the clod sail right into the midst of the golden clusters forty or fifty times, just barely missing them, and if I could have held out a little longer maybe I could have got one.”
― Mark Twain, quote from The Diary of Adam and Eve

“I don't want you to be the shifter." Rokan's voice was quiet, and her human sense of smell told her nothing about how he felt. "I haven't wanted that for a long time. Since before I knew it was possible for you to not be the shifter." A pause then --- so quietly that even she could barely hear him. "Since before I knew I loved you.”
― Leah Cypess, quote from Mistwood

“But when you write something down, you have to think it all the way through. Sometimes, I'm not even sure how I feel about something until I write a story about it. I figure it out while I'm writing the story.”
― Pat Murphy, quote from The Wild Girls

“Ranger removed my goggles. “Would you like to come home with me?” I stepped away from him. “Thank you for the offer, but no. I’m done with men.” Ranger smiled. “Forever?” “Until I figure some things out.” “And if you don’t figure them out?” “If I can’t figure them out on my own, I’ll ask you to help me.” “Babe, that’s like the blind leading the blind.”
― Janet Evanovich, quote from Explosive Eighteen

“most having reached the places they needed to be and devoted themselves to what needed to be done.”
― Jack Campbell, quote from Dauntless

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.