Great Companies Quotes

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

AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies.

Great companies are built on great products.

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.

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.

Great leadership and great companies aren't built overnight, and they're not built without capital. And capital can sometimes be counter-productive to building a great culture.

Good-to-great companies set their goals and strategies based on understanding; comparison companies set their goals and strategies based on bravado.

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.

Not one of the good-to-great companies focused obsessively on growth.

Level 5 leaders are fanatically driven, infected with an incurable need to produce sustained results. They are resolved to do whatever it takes to make the company great, no matter how big or hard the decisions.

Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.

In our early days, being recognized on any list of great companies was hard to imagine. There were times when we sold the office furniture to make payroll.

You don't see a lot of great companies built on easy problems to solve.

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.

A tremendous chief executive in a small market will never be great. All great companies start with great markets.

You don't know this when you're young, but over time, you see that great companies are usually built at a special point in time.

A great company is not a great investment if you pay too much for the stock.

We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.

I have realised more and more that great companies, founded for a long-term purpose, such as Google or Facebook or SpaceX, may do more good in the world than any other vehicle that we have.

Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, or products. It is one thing above all others: the ability to get and keep enough of the right people.