The Advice "you Never Go Broke Taking

The American Worker Is More Productive Than He's Ever Been.

The Strategy We've Adopted Precludes Our Following Standard Diversification Dogma. Many Pundits Would Therefore Say The Strategy Must Be Riskier Than That Employed By More Conventional Investors. We Disagree. We Believe That A Policy Of Portfolio Concentration May Well Decrease Risk If It Raises, As It Should, Both The Intensity With Which An Investor Thinks About A Business And The Comfort-level He Must Feel With Its Economic Characteristics Before Buying Into It.

Do Not Take Yearly Results Too Seriously. Instead, Focus On Four Or Five-year Averages.

In Looking For People To Hire, Look For Three Qualities: Integrity, Intelligence And Energy. And If They Don't Have The First, The Other Two Will Kill You.

The Power Of Unconditional Love. I Mean, There Is No Power On Earth Like Unconditional Love.