Just as a fisherman must watch the ebb and flow of the tides, an investor and businessperson must be keenly aware of the subtle shifts in cash flow.
In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well. It seems, perhaps, that the longer and longer you keep at it in this business the more and more time you have to expose your Achilles heel - wherever and whatever that might be.
To be an investor you must be a believer in a better tomorrow.
At SGI board meetings. . . Jim Clark's face would get red and he'd start shouting that an investor and board member had cheated him and his engineers.
Only in the exceptional case, where the integrity and competence of the advisers have been thoroughly demonstrated, should the investor act upon the advice of others without understanding and approving the decision made.
A good investor in this new world knows to always expect the unexpected.
As an investor I cannot tell that. We cannot predict the success or failure.
The best investor is your customer.
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
A value strategy is of little use to the impatient investor since it usually takes time to pay off.
When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.
The successful investor is usually an individual who is inherently interested in business problems.
I'm a passive investor. There are people who are very aggressive; they try to buy companies.
If you are going to be a great investor, you have to fit the style to who you are.
It's the investor who is risky, not the investment.
The most important quality for an investor is temperament, not intellect.
It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.
The sillier the market's behavior, the greater the opportunity for the business like investor.
