... The Best Way To Own Common

A Bull Market Is Like Sex. It Feels Best Just Before It Ends.

I Measure Success By How Many People Love Me. And The Best Way To Be Loved Is To Be Lo Veable.

Intrinsic Value Can Be Defined Simply: It Is The Discounted Value Of The Cash That Can Be Taken Out Of A Business During Its Remaining Life. The Calculation Of Intrinsic Value, Though, Is Not So Simple. As Our Definition Suggests, Intrinsic Value Is An Estimate Rather Than A Precise Figure, And It Is Additionally An Estimate That Must Be Changed If Interest Rates Move Or Forecasts Of Future Cash Flows Are Revised.

Rule No.1: Never Lose Money. Rule No.2: Never Forget Rule No.1.

You Do Not Adequately Protect Yourself By Being Half Awake When Other Are Sleeping.