Reader > Reader's Quotes

“If it is important, do it every day. If it’s not important, don’t do it at all.”
― Dan John, Never Let Go: A Philosophy of Lifting, Living and Learning

“I like to say, “Experience is what you got when you didn’t get what you wanted.”
― Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

“What the wise man does in the beginning, the fool does in the end.”
― Howard Marks, Mastering The Market Cycle: Getting the odds on your side

“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.”
― Warren Buffett

“Investment success doesn’t come from “buying good things,” but rather from “buying things well.”
― Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

“Someone's sitting in the shade today because someone planted a tree a long time ago.”
― Warren Buffett

“Lass dir’s gesagt sein, dass Freundlichkeit gegen jedermann die erste Lebensregel ist, die uns manchen Kummer sparen kann, und dass du selbst gegen die, welche dir nicht gefallen, verbindlich sein kannst, ohne falsch und unwahr zu werden. Die wahre Höflichkeit und der feinste Weltton ist die angeborene Freundlichkeit eines wohlwollenden Herzens. Wirkliche Bescheidenheit und Anspruchslosigkeit sind der wahre Schutz gegen die Kränkungen und die Zurücksetzungen dieser Welt. Wenn wir nichts anderes scheinen wollen als wir eigentlich sind, so kann weder Rang noch Geburt, noch Menge und Glanz uns wesentlich aus der Fassung bringen.”
― Graf Helmuth von Moltke

“Talk little, do much, and be more than you appear to be.”
― Helmuth Graf von Moltke

“No battle plan ever survives contact with the enemy.”
― Helmuth von Moltke the Elder

“Only a fool learns from his own mistakes. The wise man learns from the mistakes of others.”
― Otto von Bismarck

“God has a special providence for fools, drunkards, and the United States of America.”
― Otto von Bismarck

“Fools learn from experience. I prefer to learn from the experience of others.”
― Otto von Bismarck

“One day the great European War will come out of some damned foolish thing in the Balkans (1888).”
― Otto von Bismarck

“Warren Buffett, quoting Henry Ford, often talks about the importance of keeping all your eggs in one basket, then watching that basket very carefully. One thing that appalled me and that I’d seen too many times was the Wall Street practice of having many eggs in many baskets. Even the most reputable mutual fund companies have a practice of selling multiple funds. The ones that do well are those that then get the marketing dollars and raise more money from investors. The ones that do poorly are either shut down or merged into the better-performing funds. In the process, the failures are buried as if they’d never existed while”
― Guy Spier, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment

“When things go wrong, simplify.”
― Dan John, Never Let Go: A Philosophy of Lifting, Living and Learning

“If you don’t know where you’re going, any road will get you there!”
― Dan John, Intervention: Course Corrections for the Athlete and Trainer

“If it is important, do it every day. If it’s not important, don’t do it at all. You”
― Dan John, Never Let Go: A Philosophy of Lifting, Living and Learning