I Knew A Lot About What I

So Some Guy May Know How To Make Money In Cocoa Beans, But I Don't So I Just Let Him Have That. But It's Got To Be Something I Understand. It's Got To Be A Business With Fundamentally Good Economics. It's Got To Be A Management That I Like And Trust And Admire. And It's Got To Be A Price That Makes Sense.

With Enough Insider Information And A Million Dollars, You Can Go Broke In A Year.

Managers That Always Promise To 'make The Numbers' Will At Some Point Be Tempted To Make Up The Numbers.

If You're An Investor, You're Looking On What The Asset Is Going To Do, If You're A Speculator, You're Commonly Focusing On What The Price Of The Object Is Going To Do, And That's Not Our Game.

At Age 19, I Read A Book [the Intelligent Investor] And What I'm Doing Today, At Age 76, Is Running Things Through The Same Thought Process I Learned From The Book I Read At 19.