Invest In Businesses Any Idiot Could Run,

It Would Be Wonderful If We Could Avoid The Setbacks With Timely Exits, But Nobody Has Figured Out How To Predict Them.

The S&p Is Up 343.8 Percent For 10 Years. That Is A Four-bagger. The General Equity Funds Are Up 283 Percent. So It's Getting Worse, The Deterioration By Professionals Is Getting Worse. The Public Would Be Better Off In An Index Fund.

More Money Is Lost Anticipating The Changes In The Overall Stock Market Than Any Other Way Of Investing.

Invest In Businesses Any Idiot Could Run, Because Someday One Will.

In This Business If You're Good, You're Right Six Times Out Of Ten. You're Never Going To Be Right Nine Times Out Of Ten.