“A creative man is motivated by the desire to achieve, not by the desire to beat others.” – Ayn Rand
“Speak and write as if everything you say and type will eventually be heard and read by everyone.” – Joel Litman
“Take the annual filing of any company in the United States or the UK and read the first several pages of the notes to the financial statements. If you don’t understand what’s there, how can you possibly rely on earnings or a P/E?” – Joel Litman
“Money without brains is always dangerous.” – Napoleon Hill
“Make sure everybody in your organization understands the strategy, the destination, and the business objectives. Then, let them execute.” –
Sergio Zyman
“Health is the greatest gift, contentment the greatest wealth, faithfulness the best relationship.” – Gautama Buddha
“I can’t imagine a dead millionaire who wouldn’t trade places with me.” –
John Mathieu, USA Powerlifting Team Coach (and not a millionaire)
“It is quite clear that one way for a company to steer a course through the jungle is to be well-run and soundly governed. Then, the speculators are more likely to leave you alone. Short-sellers look for weakness and when they find it, they act.” – Julian Robertson
“Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.” – Peter Drucker
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” – Warren Buffett
“Set high goals, encourage competition, and then keep score.” – Sam Walton
“Speculative approaches — which pay little or no attention to downside risk
— are especially popular in rising markets.” – Seth Klarman
“How can you trust earnings if you cannot understand the rules that create them? Have you read them? The accounting rules are incomprehensible to even the financial experts.” – Joel Litman
“You can’t conform in business. If you adhere to conventional wisdom, if you do everything everyone else does, you’re going to lose.” – Larry Ellison
“A margin of safety is achieved when securities are purchased at prices sufficiently below underlying value to allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.” – Seth Klarman
“The whole value of the dime is knowing what to do with it.” – Ralph Waldo Emerson
“Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.” – Peter Drucker
“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.” – Warren Buffett
“Focus on something the customer wants, and then deliver it.” – Sam Walton
“If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” – Henry Ford