Americans Are Apt To Be Unduly Interested

As Time Goes On, I Get More And More Convinced That The Right Method Of Investment Is To Put Fairly Large Sums Into Enterprises Which One Thinks One Knows Something About And In The Management Of Which One Thoroughly Believes.

Education: The Inculcation Of The Incomprehensible Into The Indifferent By The Incompetent.

Chess Is A Cure For Headaches.

As Time Goes On, I Get More And More Convinced That The Right Method In Investment Is To Put Fairly Large Sums Into Enterprises Which One Thinks One Knows Something About And In The Management Of Which One Thoroughly Believes. It Is A Mistake To Think That One Limits One's Risk By Spreading Too Much Between Enterprises About Which One Knows Little And Has No Reason For Special Confidence. . . . One's Knowledge And Experience Are Definitely Limited And There Are Seldom More Than Two Or Three Enterprises At Any Given Time In Which I Personally Feel Myself Entitled To Put Full Confidence.

The Economic Problem...the Problem Of Want And Poverty And The Economic Struggle Between Classes And Nations, Is Nothing But A Frightful Muddle, A Transitory And Unnecessary Muddle.