I'm Just Lucky To Have Been In

To Invest Successfully, You Need Not Understand Beta, Efficient Markets, Modern Portfolio Theory, Option Pricing Or Emerging Markets. You May, In Fact, Be Better Off Knowing Nothing Of These. That, Of Course, Is Not The Prevailing View At Most Business Schools, Whose Finance Curriculum Tends To Be Dominated By Such Subjects. In Our View, Though, Investment Students Need Only Two Well-taught Courses - How To Value A Business, And How To Think About Market Prices.

Working With People Who Cause Your Stomach To Churn Seems Much Like Marrying For Money - Probably A Bad Idea Under Any Circumstances, But Absolute Madness If You Are Already Rich.

I Don't Want To Be On The Other Side Of The Table From The Customer. I Was Never Selling Anything That I Didn't Believe In Myself Or Use Myself.

You Should Look At Stocks As Small Pieces Of Business.

The Noah Rule: Predicting Rain Doesn't Count; Building Arks Does.