“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.”
― The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
― The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
“Enduring great companies don’t exist merely to deliver returns to shareholders. Indeed, in a truly great company, profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life, but they are not the very point of life.”
― Good to Great: Why Some Companies Make the Leap...And Others Don't
― Good to Great: Why Some Companies Make the Leap...And Others Don't
“Somehow over the years people have gotten the impression that Wal-Mart was... just this great idea that turned into an overnight success. But...it was an outgrowth of everything we’d been doing since [1945].... And like most overnight successes, it was about twenty years in the making.”
― Good to Great: Why Some Companies Make the Leap...And Others Don't
― Good to Great: Why Some Companies Make the Leap...And Others Don't
Allie Sutton’s 2024 Year in Books
Take a look at Allie Sutton’s Year in Books, including some fun facts about their reading.
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