To Win, The First Thing You Have

It Takes 20 Years To Build A Reputation And Five Minutes To Ruin It. If You Think About That, You'll Do Things Differently.

First, Many In Wall Street - A Community In Which Quality Control Is Not Prized - Will Sell Investors Anything They Will Buy.

It's Far Better To Buy A Wonderful Company At A Fair Price Than A Fair Company At A Wonderful Price.

What You Really Want To Do In Investments Is Figure Out What's Important And Knowable. If It's Unimportant Or Unknowable You Forget About It.

“Somebody Once Said That In Looking For People To Hire, You Look For Three Qualities: Integrity, Intelligence, And Energy. And If You Don’t Have The First, The Other Two Will Kill You. You Think About It; It’s True. If You Hire Somebody Without Integrity, You Really Want Them To Be Dumb And Lazy.”