Intensity Is The Price Of Excellence.

The Less Prudence With Which Others Conduct Their Affairs, The Greater The Prudence With Which We Should Conduct Our Own Affairs.

We Always See Shifts In Employment. If You Think About It, If You Go Back To 1800, It Took 80 Percent Of The Labor Force To Produce Enough Food For The Country. Now It Takes Less Than 3 Percent. Well, The Truth Is That Market Systems Move People Around.

You Don't Need To Be A Rocket Scientist. Investing Is Not A Game Where The Guy With The 160 Iq Beats The Guy With 130 Iq.

When The Brothel Burns Down, Even The Pretty Girls Have To Run Out.

We Try To Buy Businesses With Good-to-superb Underlying Economics Run By Honest And Able People And Buy Them At Sensible Prices. That's All I'm Trying To Do.