Don’t Cut Your Flowers and Water Your Weeds

Warren Buffett? Peter Lynch? Allan R. Stuart? Anonymous? Question for Quote Investigator: When a stock in your portfolio goes up it is tempting to sell it and lock in profits. Also, when a stock is languishing it is natural to hold on to it with the hope that someday it will ascend. However, a vivid …

Go for a Business that Any Idiot Can Run

Warren Buffett? Peter Lynch? Dear Quote Investigator: In 2008 I read an interview with the super-investor Warren Buffett in which he said you should put your money into a company that can be run by an idiot because eventually it will be run by an idiot. But that advice sounded familiar to me. Did someone …