27 Quotes by Guy Spier

I do not use short selling. The fund has not shorted a stock since the 2002 to 2003 time frame. At that time I did short three stocks, on which I broke even on two and made money on one of them. The experience taught me that I was not going to be using short selling going forward for a slew of reasons.

Warren Buffett has shown you can be very, very successful without being rapacious, while still being honest, without engaging in constant legal battles.

One has to divide Warren Buffet into different periods. There is a continuously evolving style of Warren Buffett.

We can’t change the world. The only thing we can change is ourselves, by trying to get a better understanding of our own messed-up wiring.

I’m trying to manage myself, not just my portfolio.

The entire pursuit of value investing requires you to see where the crowd is wrong so that you can profit from their misperceptions.

From time to time, you have seminal personalities who really change the way the world sees itself – people like Gandhi, Martin Luther King, Nelson Mandela. Warren Buffett is that kind of person in the business world.

Part of the problem is that a finely trained but rarefied academic mind can be damaging to your long-term success.

A goal that seems impossible in one instant can become entirely possible in the next if only you are willing to devote every ounce of your mind, body, and soul to reach it.