Coffee Can Investing Quotes

“A man who has committed a mistake and doesn’t correct it is committing another mistake.”
― Saurabh Mukherjee, Coffee Can Investing: the low risk road to stupendous wealth

“Some people want it to happen, some wish it would happen, others make it happen.”
― Saurabh Mukherjee, Coffee Can Investing: the low risk road to stupendous wealth

“For indeed, the investor’s chief problem—and even his worst enemy—is likely to be himself.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“Risk comes from not knowing what you are doing.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“Some people want it to happen, some wish it would happen, others make it happen.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“Long-term competitive advantage in a stable industry is what we seek in a business’. On the subject of For how long should an investor hold the shares they buy, Warren Buffett, in 1988’s Berkshire Hathaway’s letters to shareholders stated, ‘When we own portions of outstanding businesses with outstanding managements, our favourite holding period is forever.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“In Berkshire Hathaway’s 2007 letter to shareholders,2 Warren Buffett explains that the kind of companies he likes to invest in are ‘companies that have a) a business we understand; b) favourable long-term economics; c) able and trustworthy management; and d) a sensible price tag. A truly great business must have an enduring “moat” that protects excellent returns on invested capital.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“What they don’t realize is this is because of the inadvertent Coffee Can style of investing that they adopt in real estate as against the trading style in their stock portfolios, i.e. when it comes to real estate, investors are happy to buy and hold for long periods of time. As a result, they end up holding their properties through thick and thin, which is why they are able to see an appreciation in the value. In contrast, in equity, investors typically end up buying at the peak, trade frequently and then exiting at the bottom. The harshness of most investors’ experience of the stock market versus their happier experience in real estate is, therefore, in part self-inflicted rather than being due to the underlying nature of these asset classes.”
― Saurabh Mukherjee, Coffee Can Investing: the low risk road to stupendous wealth

“do not confuse conservatism with complacency. They simply bide their time before making the right move. These traits are rarely found outside great companies.”
― Saurabh Mukherjee, Coffee Can Investing: the low risk road to stupendous wealth