The Stockmarket Is A Semi-psychotic Creature Given

Our Favorite Holding Period Is Forever.

Problems In A Company Are Like Cockroaches In The Kitchen. You Will Never Find Just One

Only When The Tide Goes Out Do You Discover Who's Been Swimming Naked.

The Financial Calculus That Charlie And I Employ Would Never Permit Our Trading A Good Night's Sleep For A Shot At A Few Extra Percentage Points Of Return. I've Never Believed In Risking What My Friends And Family Have And Need In Order To Pursue What They Don't Have And Don't Need.

It's Good To Learn From Your Mistakes. It's Better To Learn From Other People's Mistakes.