A Quote by Charlie Munger

Investing is where you find a few great companies and then sit on your ass.

Charlie Munger

Quote Topics

Ass Companies Few Find Great Investing Sit Then Your

Quote Author

Charlie Munger
American - Businessman
Born: January 1, 1924

If you buy something because it's undervalued, then you have to think about selling it when it approaches your calculation of its intrinsic value. That's hard. But if you buy a few great companies, then you can sit on your ass. That's a good thing.

Charlie Munger

One of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.

David Einhorn

It's almost a cliche that great Silicon Valley entrepreneurs don't go sit on a beach when they make a lot of money; they get back to work building another company or at least investing in other people's companies.

Sarah Lacy

The most important thing for us is investing and making companies great, and then they have all the options they want, whether that's to go public or stay private.

David Sze

Bad companies are destroyed by crisis. Good companies survive them. Great individuals, like great companies, find a way to transform weakness into strength.

Ryan Holiday

Kyle Busch is going to get his ass whipped shortly I hope. He better sit his ass in his motor home or I’m going to come find him and he’s going to have to hold my watch because I’m going to whip his ass. He’s the biggest whining little piece of [expletive] I’ve ever seen in my whole life.

Kevin Harvick

Mere physical sitting is not enough. You have to sit carefully and attentively. Let your body and breathing sit. Let your mind and emotions sit. Let your blood circulation sit. Let everything sit. Then your sitting becomes indestructible, immovable.

Taizan Maezumi

I want to invest in research. Research is great. Providing funding to universities and think tanks is great. But investing in companies? Absolutely not.

Mitt Romney

I can't be paralyzed anymore by the critics. My new mantra is, if you're not in the arena getting your ass kicked on occasion, then I'm not interested in your feedback. You don't get to sit in the cheat seat and criticize my appearance or my work with mean-spiritedness if you're also not in the arena.

Brene Brown

Buy into good, well-researched companies and then wait. Let's call it a sit-on-your-hands investment strategy.

Kenneth Fisher

Companies are bought for their revenue, customer base, technology, or people. A few great companies offer all of these, but any valuable business offers one.

Margaret Heffernan

I plan to eliminate regulations that hinder domestic companies, particularly large conglomerates from investing in other companies.

Lee Myung-bak

Sit down at ten o'clock in the morning and write anything that comes into my head until twelve. One of the few things I've discovered about writing is to form a habit that becomes an addiction so that if you don't put something down on paper every day, you get really mean and awful with withdrawal symptoms, and your wife and your dog and your kids are going to kick your ass until you get back to it because they can't bear you in that state of mind.

Frank Pierson

If you're deaf, dumb, and blind to what's happening in the world, you're under no obligation to do anything. But if you know what's happening and you don't do anything but sit on your ass, then you're nothing but a punk

Assata Shakur

There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments.