“The Greatest Enemies Of The Equity

A Lot Of People Disagree With Me On This, I Believe In Mark To Market.

I've Never Been Very Fully Employed Either But Just Think Of What It's Like, You Know, To Go Home With A Mortgage Payment You Know And Kids And Everything Else. My Dad Had That Happen To Him In The Early '30s.

The Most Important Quality For An Investor Is Temperament, Not Intellect. You Need A Temperament That Neither Derives Great Pleasure From Being With The Crowd Or Against The Crowd.

Lethargy, Bordering On Sloth Should Remain The Cornerstone Of An Investment Style.

“If At First You Do Succeed, Quit Trying In Investing.”