Mr. Market Is Your Servant, Not Your

Failure Comes From Ego, Greed, Envy, Fear, Imitation. I Have Success Not Because I Am Smart, But Because I Am Rational.

I Have Always Cautioned Partners That I Considered Three Years A Minimum In Determining Whether We Were "performing".

I Don't Like What's Going On With The Executive Compensation.

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.

Investing Is Forgoing Consumption Now In Order To Have The Ability To Consume More At A Later Date.