The Three Most Important Words In Investing...margin

It's Good To Learn From Your Mistakes. It's Better To Learn From Other People's Mistakes.

Focus On Your Customers And Lead Your People As Though Their Lives Depend On Your Success.

It Is Obvious That The Performance Of A Stock Last Year Or Last Month Is No Reason, Per Se, To Either Own It Or To Not Own It Now. It Is Obvious That An Inability To "get Even" In A Security That Has Declined Is Of No Importance. It Is Obvious That The Inner Warm Glow That Results From Having Held A Winner Last Year Is Of No Importance In Making A Decision As To Whether It Belongs In An Optimum Portfolio This Year.

I Measure Success By How Many People Love Me. And The Best Way To Be Loved Is To Be Lo Veable.

In The End We Must Have People To Match Our Principles, Not The Reverse.