Valuing A Business Is Part Art And

We've Used Up A Lot Of Bullets. And We Talk About Stimulus. But The Truth Is, We're Running A Federal Deficit That's 9 Percent Of Gdp. That Is Stimulative As All Get Out. It's More Stimulative Than Any Policy We've Followed Since World War Ii.

If You Have A Harem Of 40 Women, You Never Get To Know Any Of Them Very Well.

The Critical Investment Factor Is Determining The Intrinsic Value Of A Business And Paying A Fair Or Bargain Price.

The .350 Hitter Expects, And Also Deserves, A Big Payoff For His Performance - Even If He Plays For A Cellar-dwelling Team. And A .150 Hitter Should Get No Reward - Even If He Plays For A Pennant Winner.

Every Company That Has An Economist Working For Him Has One Employee Too Many.