We Want To Use Cash. The Reason

Successful Investing Takes Time, Discipline And Patience. No Matter How Great The Talent Or Effort, Some Things Just Take Time: You Can't Produce A Baby In One Month By Getting Nine Women Pregnant.

Wild Swings In Share Prices Have More To Do With The "lemming- Like" Behaviour Of Institutional Investors Than With The Aggregate Returns Of The Company They Own.

[economy] Is Flat On The Floor, And The Paramedics Have Arrived. And They Shouldn't Argue About Whether They Put The Resuscitation Equipment A Quarter Of An Inch This Way Or A Quarter Of An Inch This Way, Or They Shouldn't Start Criticizing The Patient, Because He Didn't Have A Blood Pressure Test Or Something Like That. They Should Do What's Needed Right Now.

All Day You Wait For The Pitch You Like; Then When The Fielders Are Asleep, You Step Up And Hit It.

There's Always A Mismatch. I Mean, You Know, As The Economy Evolves, It Reallocates Resources. Now, The Real Problem, In My View, Is - This Has Been - The Prosperity Has Been Unbelievable For The Extremely Rich People. If You Go To 1982, When Forbes Put On Their First 400 List, Those People Had $93 Billion. They Now They Have $2.4 Trillion, 25 For One. That Is - This Has Been A Prosperity That's Been Disproportionately Rewarding To The People On Top.