“You Can’t Make A Good Deal

“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.”

The Greater The Potential For Reward In The Value Portfolio, The Less Risk There Is.

I Have No Use Whatsoever For Projections Or Forecasts. They Create An Illusion Of Apparent Precision. The More Meticulous They Are, The More Concerned You Should Be. We Never Look At Projections, But We Care Very Much About, And Look Very Deeply At, Track Records. If A Company Has A Lousy Track Record, But A Very Bright Future, We Will Miss The Opportunity.

If You’re In The Luckiest One Per Cent Of Humanity, You Owe It To The Rest Of Humanity To Think About The Other 99 Per Cent.

If You Owe Money, You Can't Pay Them Out. You Just Pay For Everything, You Do Smart Things, You Eventually Get Very Rich.