Quotes About Strategy

1. Identify businesses that can generate above-average profits for many years. 2. Wait until the shares of those businesses trade for less than their intrinsic value, and then buy. 3. Hold those shares until either the business deteriorates, the shares become overvalued, or you find a better investment. This holding period should be measured in years, not months. 4. Repeat as necessary.

I went back and read all the Berkshire Hathaway annual reports. My life changed course as a result.

you can simply buy wonderful companies at reasonable prices, and let those companies compound cash over long periods of time. Surprisingly, there aren't all that many money managers who follow this strategy, even though it's the one used by some of the world's most successful investors. (Warren Buffett is the best-known.)

Our whole raison d'être was deterrent force. When you don't deter them any longer, you lose.

Jim Dunnigan, as we will see, calls them paper time machines.)

A particular shot or way of moving the ball can be a player's personal signature, but efficiency of performance is what wins the game for the team.

You have to defeat a great players aura more than his game.

Anything's possible in politics.

I'd bring our big players out to the perimeter and make them run the play like a guard, so they saw the play from that angle as well as their own. When one of our bigs got upset if a guard didn't make a play, I'd say, "Fine. You go play point.

We can't win at home and we can't win on the road. My problem as general manager is I can't think of another place to play.

Coyote never loses. Because I change the rules of the games my enemies play. What are the rules of your game?

Not that I'd really been planning on keeping the attack secret; it had just been an option I'd wanted to keep open if I could.

Taking out werewolves, I gather and surmise, is akin to taking out a SEAL team.

He was a better fighter than I was, but he wasn't faster than me. Nor was he as motivated, and I think he underestimated me. He thought he was fighting a girl with a stick when he was fighting Adam's mate, Coyote's daughter, armed with Lugh's staff.

It is generally a bad thing when someone hunting you is polite. It means they are sure they can take you anytime they want to.

Why the rolling pin and not a knife?" he asked, his voice raspy with the need for action. She looked at him for the first time since she'd seen his face on the stairs. "A knife wouldn't even slow him down, but bones take time to heal." He liked that. Who'd have thought he'd get turned on by a woman with a rolling pin? "All right," he said. "All right.

Every boarding party needs its guide to light the way, its wizard to defeat the magic and a tank that kill everything that tries to stop the party. The tank is not sacrificial.

Sometime soon, I will deal with the fae who have offended me in such a way that others avoid annoying me for another century or two. That's a good plan for the next few weeks, I think. Findest du nicht auch?

Coyote never loses, Coyote told me. Because I change the rules of the games my enemies play. What are the rules of your game?

could land or take off from the planet. They hoped that the young Queen of Naboo would agree quickly to their demands. Then they could use Naboo as an example to persuade or force other planets to do the same. But

There is nothing that is quite so reassuring in an awkward situation as knowing that one is well turned-out, and while I hope I am not so fainthearted as to require such stratagems, I am not so foolish as to overlook their value.

Look. I have a strategy. Why expect anything? If you don't expect anything, you don't get disappointed.

The underlying problem is that we aren't arguing policies; we're arguing about identities, and therefore compromise is never considered a principled realization that they might have some legitimate concerns. It is, at best, a Machiavellian strategy forced on us by the bad group.

men hunt by pretending to be the brothers of the prey they seek, and women hunt by impersonating the mothers of their prey.