Turnarounds Seldom Turn.

I Wouldn’t Mind Going To Jail If I Had Three Cellmates Who Played Bridge

The Time To Buy Stocks Is Consistently Over Time. You Should Never Buy Your Investments With The Idea, 'i Have To Get A Certain Return.' You Should Look At The Best Return Possible And Learn To Live With That. But You Should Not Try To Make Your Investments Earn What You Feel You Need. It Doesn't Work That Way. The Stock Doesn't Know You Own It.

Earnings Can Be Pliable As Putty When A Charlatan Heads The Company Reporting Them.

“My Favorite Holding Period Is Forever.”

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