Guy Spier Quotes

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

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.

But I think it’s important to discuss just how easy it is for any of us to get caught up in things that might seem unthinkable—to get sucked into the wrong environment and make moral compromises that can tarnish us terribly. We like to think that we change our environment, but the truth is that it changes us. So we have to be extraordinarily careful to choose the right environment—to work with, and even socialize with, the right people. Ideally, we should stick close to people who are better than us so that we can become more like them.

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

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.