Assets Quote by William E. Conway, Jr
“The assets you want to buy are the ones people have to sell.”
About This Quote
Source Book: The Art of Investing, William E. Conway, Jr, 2005
Value lies in acquiring assets that others are eager to part with, often because they are overvalued or undesirable.
In simple terms: Buy what others are eager to sell.
Key Takeaway
Seek undervalued opportunities.
Themes
investment
valuation
opportunity
Mood
analytical
strategic
Type
financial
advisory
When to use this quote
- real estate
- stock market
- collectibles
- business acquisitions
Key Concepts
Market inefficiency
behavioral finance
Questions to Reflect On
- What assets are currently overhyped?
- How can you identify genuine undervaluation?
A Different Perspective
Market sentiment can be irrational, leading to missed chances.
![“[When I die], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of a sad list of people hurt, people let down, assets wasted and advantages squandered.” quote by Anthony Bourdain](https://sms4smile.com/quotes/img-quotes/ba3/anthony-bourdain-649_advantage_when-i-die-i-will-decidedly-not-be-regre_24502.jpg)
