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Investment success doesn’t come from "buying good things", but rather from "buying things well".

— Howard Marks The Most Important Thing Illuminated (2013)

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More quotes by Howard Marks

Market optimism that this time is different is misguided and dangerous.

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We spend our lives fighting to get people very slightly more stupid than ourselves to accept truths that the great men have always known.

Doris Lessing The Golden Notebook (1962)

To rank the effort above the prize may be called love.

Confucius

Greatness by nature includes a power, but not a will to power.

Martin Buber Between Man and Man (1965)

The weak shows his strength and hides his weaknesses; the magnificent exhibits his weaknesses like ornaments.

Nassim Nicholas Taleb The Bed of Procrustes: Philosophical and Practical Aphorisms (2010)

Attribution

Quote text and notes from Wikiquote: Howard Marks (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.