Knowledge Quotes

"Just because an investment is well known does not mean it's well understood."

"Never invest in a business you cannot understand."

"You can't make good decisions from bad information."

"An investor must do thorough research to build conviction in an investment thesis."

"I never buy a stock unless it's in an area where I have real conviction."

"Most investors would be far better off in an index fund than trying to pick individual stocks."

"I pay attention to people who can identify the problem that nobody else is thinking about."

"If you understand the business, you don't need diversification."

"Knowledge is the greatest apparatus - it supports every move."

"Knowledge is not power until it is put into action."

"Knowledge becomes wisdom only when applied with compassion."

"Every match is a lesson, whether you win or lose - you just have to be willing to learn."

"Knowledge without action is just potential waiting to be realized."

"Knowledge is the lost property of the believer; wherever he finds it, he takes it."

"I'm a student of the game. I'm always learning."

"Just as treasures are uncovered from the earth, so virtue appears from good deeds, and wisdom appears from a pure and peaceful mind."

"Sorrow is always born of fear, and fear is always born of not understanding."

"Diversification is protection against ignorance. If you know what you're doing, it's not necessary."

"Beware of geeks bearing formulas."

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

"Earnings can be discounted back to present value but you have to guess them."

"The mind of a market operator should be on a pivot, watching supply and demand."

"The difference between a stock and a bond is that the stock is an ownership interest."

"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it."

"As a group, stocks have returned around 10% annually over time."

"I read more of other people's annual reports than I do our own."

"The knowledge I've gained from different coaches and cultures has made me a more complete player and person."

"I'm a student of the game of basketball."

"I learned to trust my body before I trusted my mind."

"I learned more from my failures than my successes."