Sentences with phrase «buy wonderful businesses»
Buffett tells us that «[t] he blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices».
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The blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices» Warren Buffett
«Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices.»
Warren Buffett credits Charlie Munger for helping him see the benefits of buying wonderful businesses at fair prices instead of fair businesses at wonderful prices.
Buffett has repeated often that it is better to buy a wonderful business at a fair price than a fair business at a wonderful price, and Greenblatt tried to capture this mathematically by screening for companies that generated high returns on capital («ROC»).
Other examples on mis understood quotes — Quote from Charlie Munger — Cigar Butts vs Buying wonderful business.
Being able to obey Rule # 1 of investing - not - losing - money, comes from «buying a wonderful business at an attractive price.»
Warren Buffett credits Charlie Munger for helping him see the benefits of buying wonderful businesses at fair prices instead of fair businesses at wonderful prices.
Warren Buffett added, «I became very interested in buying a wonderful business at a moderate price.»
When one buys a wonderful business, they can sit back and let the business grow over time; increasing value on its own.
«It's far better to buy a wonderful business at a fair price than a fair business at a wonderful price»
He is about buying wonderful businesses run by top - notch managers at a fair price instead of a mediocre business at a wonderful price.
Not exact matches
«I try to buy stock in businesses that are so wonderful that an idiot can run them.
Searles says he kept a framed version of the Berkshire CEO's famous quote — «I try to buy stock in businesses that are so wonderful that an idiot can run them.
I saw a wonderful example of this principle on Monday when five teams of my «Foundations of Entrepreneurial Management» students at Babson College tried to convince their skeptical classmates to buy from their businesses.
While they aren't as good as a wonderful business bought at a fair price, it's still an important lesson.
For example, if you have a wonderful idea but due to tough economic times customers do not want to spend money to buy your product, then your idea remains just that: an idea, not a business.
Warren is famous for this approach at Berkshire Hathaway, where he buys great businesses run by wonderful managers and then gets out of the way.
Potential is a wonderful thing, but Sterling is doing more on the pitch than Chambo so maybe fans need to stop waiting for our young players to be the next Messi and buy players we know are already doing the business.
After meeting her and seeing what a wonderful person she is it made me want to buy her entire line just to support her business.
Love your commitment to buying from women - owned small businesses, that is absolutely wonderful!
Moreover, there are unscrupulous agencies running their business on these girls, namely: they write wonderful letters to Western men and buy apartments and cars at the expense of Western men looking for Ukrainian women.
Dividend growth investing allows one to buy shares in wonderful businesses that reward their shareholders with a chunk of the growing profit these businesses generate; as profit grows, so do the dividend payments.
But I know that continuing to acquire equity in wonderful businesses means my snowball will roll downhill at ever faster rates, and when / if a correction does come, the passive income my portfolio throws off will buy even more new shares than before.
My success simply hinges on my ability to find wonderful businesses and buy equity positions in these businesses at attractive prices relative to their intrinsic value.
This involves buying and holding shares in wonderful businesses that send some of their growing profit back to the shareholders.
What I'm not doing though is buying at a P / E of 20 and expecting the stock to one day trade at a P / E of 40 — even though, I know, there may come a time where Mr. Market gets overexcited with this kind of wonderful business and really does give it a P / E of 40.
When one buys a fair business at a wonderful price, they are relying on the stock market to generate their returns; hoping that the business» valuation will rise.