Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund … - Warren Buffett

Same topic Authors

Quote of the day

And the beer I had for breakfast wasn't bad, so I had one more for dessert

Warren Buffett

Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses

Acquisition, Enough, Growth, Low, Real

Same Author Quotes

If you don't find a way to make money while you sleep, you will work until you die.

Business, Money, Way, Work

The best investment you can make, is an investment in yourself. . . The more you learn, the more you'll earn.

Best Investment, Earn, Investment, Learn, Make

Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.

Energy, Integrity, Look, Person, Two

If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.

Competitor, Differences, Good, Losing, Power, Prayer

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

Decision, Discipline, Emotional, Invest, Unusual