Best Quotes

Page 189
Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who
ride the subway.
Diversification is protection against ignorance. It makes little sense if you know what you are doing.
The fact that people will be full of greed, fear or folly is predictable.The sequence is not predictable.
When a management with a reputation for brilliance tackles a business with a reputation for bad
economics, it is usually the reputation of the business that remains intact.
I try to buy stock in businesses that are so wonderful that an idiot can run them.
Because sooner or later, one will.
If a business does well, the stock eventually follows.
I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water
has run out.
In the business world, the rearview mirror is always clearer than the windshield.
The investor of today does not profit from yesterday's growth.
There seems to be some perverse human characteristic that likes to make easy things
difficult.
Time is the friend of the wonderful company, the enemy of the mediocre.
Chains of habit are too light to be felt until they are too heavy to be broken.
If past history was all there was to the game, the richest people would be librarians.
I buy expensive suits. They just look cheap on me.
I never attempt to make money on the stock market. I buy on the assumption that
they could close the market the next day and not reopen it for five years.
Abhi Sharma