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

“We cling to our hearts, to what warms them, to what gives us hope, to things we can look upon and know the world will someday be okay again.”
― Richard Doetsch, quote from The 13th Hour

“The two women looked at me as if I were the Messiah returning with their personal salvations sealed in separate envelopes.”
― George Alec Effinger, quote from When Gravity Fails

“You know, Savannah, if you cry, I won’t tell anyone,’ Ken said quietly. ‘I promise.”
― Suzanne Brockmann, quote from Out of Control

“Tačiau tai bergždžias darbas, ir kai vadiniesi Mikelandželu, Goja, Mocartu, Tolstojumi, Dostojevskiu ar Malro, numiršti negalėdamas atsikratyti jausmo, jog kurpei bakalėjos gaminius.”
― Romain Gary, quote from Promise at Dawn

“We have invented a moral sense which is rotting now that we can't give it employment, and when a moral sense begins to rot, it is worse than when you had none. I suppose that all endeavors which are directed to a purely worldly end, as my precious civilization was, contain within themselves the germs of their own corruption.”
― T.H. White, quote from The Ill-Made Knight

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.