“If you understand business you understand investments.” Warren Buffett

“You want to really devote as much time as possible to study the history of businesses and the history of great businessmen in the past.” Li Lu

"The only way we know how to make money is to try and evaluate businesses." Warren Buffett

“I tried to get into the habit of reading biographies to get in the heads of other people.” Nick Sleep

“Read biographies and autobiographies by great business builders.” Francois Rochon

“You’ve got to understand the businesses. That’s where it all begins and ends.” Warren Buffett

“Charlie and I are not stock-pickers; we are business-pickers.” Warren Buffett

“I've been fortunate to meet some of the greatest leaders of our time. And because I am addicted to reading, I have met many more in the pages of business books and biographies, some of whom became my heroes. Over time, I noticed certain patterns.” Bill Gurley

“We train our analysts to learn about businesses; the essence of them, what's potentially positive or negative. It's to learn how businesses really function and to judge the character of their CEO founders.” Ron Baron

Reference Books