If You Get To My Age In

Whether We’re Talking About Socks Or Stocks, I Like Buying Quality Merchandise When It Is Marked Down.

Our Policy Is To Concentrate Holdings. We Try To Avoid Buying A Little Of This Or That When We Are Only Lukewarm About The Business Or Its Price. When We Are Convinced As To Attractiveness, We Believe In Buying Worthwhile Amounts.

The Ideal Business Is One That Earns Very High Returns On Capital And That Keeps Using Lots Of Capital At Those High Returns. That Becomes A Compounding Machine.

I Sent One E-mail In My Life. I Sent It To Jeff Raikes At Microsoft, And It Ended Up In Court In Minneapolis, So I Am One For One.

When Somebody Makes It Very Easy For You To Do It By Saying You Don't Really Have To Put Up My Money, You Can Lie About Your Income A Little, Or We'll Give You 100 Percent Mortgage, You're Going To Do It, Because Everybody That's Done It Has Been Proven Right. You Have Social Tools, And You're Going To Feel Like An Idiot If You Didn't Do It, Because The House Cost More.