Quotes

Deep Value Investing Quotes

Investment must be rational; if you can’t understand it, don’t do it.
Warren Buffet

Rule No. 1: Never lose money.  Rule No. 2: Never forget Rule No. 1.
Warren Buffet

Price is what you pay.  Value is what you get.
Warren Buffet

We try to buy a toonie for a loonie.  We hunt for stocks that tend to be dirt cheap, underfollowed and held in a far amount of disdain by analysts. … And, ultimately, those stocks purchased with the least amount of analytical recognition usually produce the greatest amount of investment returns.
Irwin Michael

Whatever THE MIND OF MAN can CONCEIVE and BELIEVE it can ACHIEVE.
Napoleon Hill

Think and grow rich.
Napoleon Hill

There is nothing esoteric about value investing. It is simply the process of determining the value underlying a security and then buying it at a considerable discount from that value. It is really that simple.
Seth Klarman

Value investors…have as a primary goal the preservation of their capital. It follows that value investors seek a margin of safety, allowing room for imprecision, bad luck, or analytical error in order to avoid sizable losses over time. A margin of safety is necessary because valuation is an imprecise art, the future is unpredictable, and investors are human and do make mistakes.
Seth Klarman

Once you adopt a value-investment strategy, any other investment behavior starts to seem like gambling.
Seth Klarman

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