The American Worker Is More Productive Than

Buy Companies With Strong Histories Of Profitability And With A Dominant Business Franchise.

A Single Year's Performance Is Of Minor Importance And, Good Or Bad, Should Never Be Taken Seriously.

Time Is The Friend Of The Wonderful Company, The Enemy Of The Mediocre.

Be Fearful When The Markets Get Greedy, Be Greedy When The Markets Get Fearful.

During Inflation, Goodwill Is The Gift That Keeps On Giving.