Investment Quotes

Great investing requires a lot of delayed gratification.

I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.

Prayer is an investment. The time you dedicate to prayer isn’t lost; it will return dividends far greater than what a few moments spent on a task ever could. If we fail to cultivate this discipline, prayer winds up being our last resort rather than our first response.

Do not save what is left after spending; instead spend what is left after saving.

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.

Show me the incentive and I will show you the outcome.

If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.

You’re looking for a mispriced gamble. That’s what investing is. And you have to know enough to know whether the gamble is mispriced. That’s value investing.

Diversification may preserve wealth, but concentration builds wealth.