All Quotes

# quality5 quotes

QUALITY

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

value-investingqualityBerkshire Hathaway Annual Letter, 1989

A great business at a fair price beats a mediocre business at a cheap price — every single time over the long run.

value-investingqualityWhy Does The Stock Market Go Up

We underwrite every single transaction. That's expensive and slow. It's also why our default rates are half the industry average.

riskunderwritingMax Levchin, earnings call

Evidence-based therapy works. The problem is most people don't get evidence-based therapy. They get whatever their therapist feels like doing that day. We fix that.

evidence-basedtherapyDavid Ebersman, Stanford Healthcare Innovation Summit, 2022

People ask why Yelp still exists when Google Maps has reviews. The answer is trust. Yelp reviews are detailed, opinionated, and written by people who care. Google reviews are '5 stars, nice place.' That's not useful.

googlecompetitionJeremy Stoppelman, Recode interview, 2019