Be Fearful When There Is Greed And

I Make No Effort To Predict The Course Of General Business Or The Stock Market. Period. However, Currently There Are Practices Snowballing In The Security Markets And Business World Which, While Devoid Of Short Term Predictive Value, Bother Me As To Possible Long Term Consequences.

Investing Is Simple, But Not Easy.

The Dominant Factors Affecting Control Valuations Are Earning Power (past And Prospective) And Asset Values.

Do Not Put All Your Eggs In One Basket.

The Trick Is, When There Is Nothing To Do, Do Nothing.