A Stock Doesn't Know That You Own

We Want To Use Cash. The Reason We Haven't Used Our Cash Two Years Ago, We Just Didn't Find Things That Were That Attractive. But When People Talk About Cash Being King, It's Not King If It Just Sits There And Never Does Anything. There Are Times When Cash Buys More Than Other Times, And This Is One Of The Other Times When It Buys A Fair Amount More, So We Use It.

In A Difficult Business, No Sooner Is One Problem Solved Than Another Surfaces - Never Is There Just One Cockroach In The Kitchen.

The Market System Rewards Me Outlandishly For What I Do, But That Doesn't Mean I'm Any More Deserving Of A Good Life Than A Teacher Or A Doctor Or Someone Who Fights In Afghanistan.

The Greatest Investment A Young Person Can Make Is In Their Own Education, In Their Own Mind. Because Money Comes And Goes. Relationships Come And Go. But What You Learn Once Stays With You Forever.

Basically, The Single-most Important Decision In Evaluating A Business Is Pricing Power.