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

“Hardcore groups were singing songs about Ronald Reagan. I wasn't interested in this and preferred to sing about the darkness shimmering beneath the shiny quilt of American pop culture. I suppose you could say that Sonic Youth was always trying to defy people's expectations.”
― Kim Gordon, quote from Girl in a Band


“In fact, Reagan couldn’t remember his grandchildren’s names, and he had no friends, only the husbands of Nancy’s friends.”
― Richard Ben Cramer, quote from What It Takes: The Way to the White House


“Romeo: You know what pisses me off?
When good days are ruined by bad s*t.”
― Cambria Hebert, quote from #Bae


“The books we need are of the kind that act upon us like a misfortune,that makes us suffer like the death of someone we love more than ourselves, that make us feel as though we were on the verge of suicide,lost in a forest remote from all human habitation”
― Franz Kafka, quote from Proces


“I'm keeping my promise, I'm coming home. To her.”
― Sarah Diemer, quote from The Dark Wife


Interesting books

A Song of Ice and Fire
(40.2K)
A Song of Ice and Fi...
by George R.R. Martin
Lightning
(49K)
Lightning
by Dean Koontz
Trickster's Queen
(49.3K)
Trickster's Queen
by Tamora Pierce
The Story of My Experiments With Truth
(35.5K)
The Story of My Expe...
by Mahatma Gandhi
Since You've Been Gone
(72.2K)
Since You've Been Go...
by Morgan Matson
Wild Magic
(59.8K)
Wild Magic
by Tamora Pierce

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.