It Is Easier To Rationalize Than It

Truly Conservative Actions Arise From Intelligent Hypotheses, Correct Facts And Sound Reasoning.

The Most Dangerous Distractions Are The Ones You Love, But That Don’t Love You Back.

Our Investments Continue To Be Few In Number And Simple In Concept: The Truly Big Investment Idea Can Usually Be Explained In A Short Paragraph. We Like A Business With Enduring Competitive Advantages That Is Run By Able And Owner-oriented People. When These Attributes Exist, And When We Can Make Purchases At Sensible Prices, It Is Hard To Go Wrong (a Challenge We Periodically Manage To Overcome).

A Ceo's Behavior Has A Huge Impact On Managers Down The Line.

Confidence Is Key. You're Not Going To Put Your Money - You're Not Going To Leave Your Money With Me Unless You're Confident I'm Going To Give It Back To You.