I'm Putting All My Money In The

It's Almost Impossible To Overpay The Truly Extraordinary Ceo... But The Species Is Rare.

Take The Probability Of Loss Times The Amount Of Possible Loss From The Probability Of Gain Times The Amount Of Possible Gain. That Is What We're Trying To Do. It's Imperfect, But That's What It's All About.

More Investment Sins Are Probably Committed By Otherwise Quite Intelligent People Because Of "tax Considerations" Than From Any Other Cause. One Of My Friends-a Noted West Coast Philosopher-maintains That A Majority Of Life's Errors Are Caused By Forgetting What One Is Really Trying To Do. This Is Certainly The Case When An Emotionally Supercharged Element Like Taxes Enters The Picture (i Have Another Friend-a Noted East Coast Philosopher Who Says It Isn't The Lack Of Representation He Minds-it's The Taxation).

Be Brave When Others Are Afraid, And Afraid When Others Are Brave.

I Have A House That I Bought 55 Years Ago. It's Warm In The Winter; It's Cool In The Summer. It Has Everything I Wanted, Plus It Has All Kinds Of Good Memories. Like My Kids, I Have Good Thoughts About That. I Can't Imagine Living Any Better.