Wall Street & FinanceAs published
“All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock
— Charlie Munger
Investor
About this quote
- Attributed to
- Charlie Munger
- Attribution status
- As published
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Wall Street✓ Verified source
“Can you really explain to a fish what it's like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.
— Warren Buffett
As quoted in The Warren Buffett Way 3rd Edition (2024) by Robert G. Hagstrom, Ch. 6, p. 232
Wall Street✓ Verified source
“Do not let anyone else run your business.

— Benjamin Graham
The Intelligent Investor (1973) (Fourth Revised Edition), Chapter 20, "Margin of Safety": The Central Concept, p. 286