The Three Most Important Words In Investing...margin

A Prediction About The Direction Of The Stock Market Tells You Nothing About Where Stocks Are Headed, But A Whole Lot About The Person Doing The Predicting.

I Want To Be Able To Explain My Mistakes. This Means I Do Only The Things I Completely Understand.

“You Don’t Need To Be A Rocket Scientist. Investing Is Not A Game Where The Guy With The 160 IQ Beats The Guy With 130 IQ.”

Only When You Combine Sound Intellect With Emotional Discipline Do You Get Rational Behavior.

“Our Goal Is To Find An Outstanding Business At A Sensible Price, Not A Mediocre Business At A Bargain Price.”