Nick Sleep Quotes
25 quotes from Nick Sleep — British investor who ran the Nomad Investment Partnership (2001–2014), achieving 921% returns..
“The best investors are not investors at all. They're entrepreneurs who have never sold.”
“Each day I shuffle in, swop trainers for slippers, pull up a pile of annual reports and set about analyzing and re-analyzing our investments. Routinely we try to kill our companies (they can be killed!).”
“Investing is not about how much you make, but how much you keep.”
“The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism.”
“The most important thing is to have a clear understanding of what you own and why you own it.”
“Patience is the key to successful investing.”
“You need to be able to think independently and not be swayed by the crowd.”
“Investing is a marathon, not a sprint.”
“The best time to invest was yesterday; the second best time is today.”
“You must be prepared to be wrong and to learn from your mistakes.”
“Focus on the long term and ignore the noise.”
“A good investor is someone who can see the future clearly.”
“The market is a device for transferring money from the impatient to the patient.”
“We are not trying to predict the future; we are trying to understand the present.”
“Focus on the long term and ignore the short-term noise.”
“Good investing is about being patient and disciplined.”
“The best companies are those that can compound their earnings over time.”
“You need to be able to think independently and not follow the crowd.”
“The key to successful investing is to buy quality businesses at reasonable prices.”
“The real work is done by you and the good people at Berkshire. The purpose of this letter is to say a very big thank you, and let you know that you have made a real difference.”
“As time goes by, the performance that our clients have received is the capitalization of the success of the firms in which we have invested. In other words, the real work is done by you and the good people at Berkshire.”
“Nomad was not a particularly large fund, but over the years, it did make around $2 billion for its clients, which were predominantly charities and educational endowments. Berkshire was a big part of that. That strikes us as capitalism working well.”
“Zak and I are keen to leave the professional industry behind, and spend our time in more caring pursuits. Zak has his various charitable causes and I have in my mind to set up a center to provide respite care.”
“I like the sense of it being an intellectual investigation.”
“The performance that our clients have received is the capitalization of the success of the firms in which we have invested.”
