Investing Quote by Daniel Pecaut

“Buffett pointed out that when the investment tide goes out, you will see who has been swimming naked.”

— Daniel Pecaut

“If investors only had to study the past, the richest people would be librarians.”

— Daniel Pecaut

“the single biggest outcome of the Internet has been little understood: buyers are the winners.”

— Daniel Pecaut

“average college student has the same standard of living as he does. Same food. No important difference in clothes, cars, TVs.”

— Daniel Pecaut

“Buffett added that there is a big difference between identifying a growth industry and minting money. He noted that AT&T’s return on equity over…

— Daniel Pecaut

“After you have enough for daily life, all that matters is your health and those you love.”

— Daniel Pecaut

“To a question about what books to read, Munger replied that he is a biography nut and heartily recommended biographies as a way to…

— Daniel Pecaut

“the real key is to be able to figure out what the average profitability of the business will be over the long term and…

— Daniel Pecaut

“The right manager can have an absolutely huge impact. Find people with brains, energy and integrity,”

— Daniel Pecaut

“Tom Murphy, CEO of Capital Cities/ABC and considered by Buffett to be the best business manager in the country, prays every day to be…

— Daniel Pecaut

“There are essentially five things public corporations can do with a dollar earned: reinvest in the business, acquire other businesses or assets, pay down…

— Daniel Pecaut

“rather than worry about economic projections, these brilliant investors focus on finding good businesses at bargain prices within our resilient economy. On”

— Daniel Pecaut