"If the business changes in a material way, you’d better change your business model. Or somebody else will. And then you’ll even have ...

"We’re looking for the obvious, and something that is within our capability of doing something about. But we’re not trying to beat peo...

" The biggest thing, too, is to have something in the way you’re programmed so that you don’t ever do anything where you can lose a lo...

"It’s better to pay attention to something that is being scorned than something that’s being championed." --Warren Buffett ( 200...

Terry Smith, Fundsmith LLP, March 2019 Presentation (video) [H/T @iancassel ] ( LINK ) Related book:  Accounting for Growth Disney and th...

"In economics, it’s far easier to tell what will happen than when it will happen. I mean, you can see bubbles develop and things, but ...

"If you’re picking associates, pick out those whose behavior is somewhat better than yours, and you’ll drift in that direction. And si...

"[There are] misperceptions of the salesman as somebody who’s wearing a shiny suit selling somebody something that they don’t need. An...

"The only way to be loved is to be lovable.... But the nice thing about it, of course, is that...you always get back more than you giv...