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Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

Risk comes from not knowing what you're doing.

Never depend on single income. Make investment to create a second source.

Basically, the single-most important decision in evaluating a business is pricing power.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices.