Buy A Business, Don't Rent Stocks.

Having First Rate People On The Team Is More Important Than Designing Hierarchies And Clarifying Who Reports To Whom.

Forecasts Usually Tell Us More Of The Forecaster Than Of The Forecast

Other Guys Read Playboy. I Read Annual Reports.

Investors Should Remember That Excitement And Expenses Are Their Enemies.

It Is More Important To Say "no" To An Opportunity, Than To Say "yes".