In fact I've probably never seen such a wide moat. - Charlie Munger

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Quote of the day

Any middle-aged woman knows that our feet are not for the faint of heart, especially in midwinter. I wear clogs, so it's actually like my feet are wooden now.

Charlie Munger

In fact I've probably never seen such a wide moat.

Facts, Moat, Moats, Probably, Wide

Same Author Quotes

Show me the incentive and I will show you the outcome

Incentive, Incentives, Outcome, Outcomes, Show, Show Me

Our biggest mistakes, were things we didn't do, companies we didn't buy.

Biggest, Biggest Mistake, Companies, Company, Mistake, Things

Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.

Answer, Answers, Assuming, Handle, Tough, Yes

Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.

Advantage, Discipline, Moving, Odds, Understand

'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd.

Different, Men, Practice, Practices, Thinking, Under

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I was a guy who came to work every day. I was there. When my manager got to the field at 12, I felt like there was no reason for him to ever wonder if I was playing. For me, that's a big deal. I teach that to my kids.

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Rafael Nadal

Today people hit the ball with much more strength. Almost every player is capable of playing a winning stroke from any position. This means the balls arrive more quickly. If you want to reach them, you have to slow down from a high speed or suddenly change direction. These are moments when you can injure yourself, and that's what wears us out.

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Lisa Scottoline

Any middle-aged woman knows that our feet are not for the faint of heart, especially in midwinter. I wear clogs, so it's actually like my feet are wooden now.

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T. Boone Pickens

A dollar is not worth as much as you think it is. Your honesty is worth much more.

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