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

“Why shouldn't we kill you?" he asked the black-garbed male who came forward to meet him.

"We have no quarrel with you." The man's eyes were flat, his voice toneless. "We ask permission to enter your territory to hunt a Psy fugitive."

"Permission denied." Lucas folded his arms. "I don't make a habit of allowing enemies into my territory."

"This fugitive may be dangerous to you and your people."

Lucas smiled and it was nothing friendly. "Then the fugitive will die."

"We would prefer to capture this one alive."

"Didn't your mother ever tell you - you don't always get what you want?”
― Nalini Singh, quote from Hostage to Pleasure

“If you are unwilling to defend your right to your own lives,
then you are merely like mice trying to argue with owls.
You think their ways are wrong.
They think you are dinner.”
― Terry Goodkind, quote from Naked Empire

“I do consider myself to be a good girl, but I do seem to lose my clothing quite often in certain highly charged circumstances. “So”
― L.A. Meyer, quote from In the Belly of the Bloodhound: Being an Account of a Particularly Peculiar Adventure in the Life of Jacky Faber

“...poor examples because of mechanical needs of typing, of the flow of river sounds, words, dark, leading to the future and attesting to the madness, hollowness, ring and roar of my mind which blessed or unblessed is where trees sing -- in a funny wind -- well-being believes he'll go to heaven -- a word to the wise is enough -- 'Smart went Crazy”
― Jack Kerouac, quote from The Subterraneans

“¡la claridad! Esa claridad de mente, tan difícil de obtener, dispersa el miedo, pero también ciega.
"Fuerza al hombre a no dudar nunca de sí. Le da la seguridad de que puede hacer cuanto se le antoje, porque todo lo ve con claridad. Y tiene valor porque tiene claridad, y no se detiene en nada porque tiene claridad. Pero todo eso es un error; es como si viera algo claro pero incompleto. Si el hombre se rinde a esa ilusión de poder, ha sucumbido a su segundo enemigo y será torpe para aprender. Se apurará cuando debía ser paciente, o será paciente cuando debería apurarse. Y tonteará con el aprendizaje, hasta que termine incapaz de aprender nada más.”
― Carlos Castaneda, quote from The Teachings of Don Juan: A Yaqui Way of Knowledge

Interesting books

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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.

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.