We've Had Public Companies In The Past

Diversification May Preserve Wealth, But Concentration Builds Wealth.

Generally, We Have Translated Greater Output In The Few Hours Of Work Per Week Over The Last Century. And That's A Good Trend Of The Future. But We Do Have To Have A System That, As Output Of Goods And Services Keeps Increasing Per Capita, That It Takes Care Of The People Who Are Willing To Work And Really Are Not Getting By Very Well With A Family On A 40-hour Week.

Nevertheless, As Circumstances Presently Appear, I Feel Substantially Greater Size Is More Likely To Harm Future Results Than To Help Them. This Might Not Be True For My Own Personal Results, But It Is Likely To Be True For Your Results.

Never Depend On A Single Source Of Income.

It Is Unquestionably True That The Investment Companies Have Their Money More Conventionally Invested Than We Do. To Many People Conventionality Is Indistinguishable From Conservatism. In My View, This Represents Erroneous Thinking. Neither A Conventional Nor An Unconventional Approach, Per Se, Is Conservative.