"Anyone who believes a growth rate in..." - Quote by Warren Buffett
Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.
More by Warren Buffett
“Buy a business, don't rent stocks.”
“If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?”
“Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.”
More on Investing
“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”
“John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.”
“When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.”
More on Growth
“If you're not failing, you're probably not really moving forward.”
“The friend who knows a lot more than you do will bring difficulties, and grief, and sickness, as medicine, as happiness, as the essence of the moment when you're beaten when you hear Checkmate, and can finally say, I trust you to kill me.”
“A business which can bring itself to the point where it attracts the attention of money should be able to continue on its own feet without being financed.”