You Don't Have To Be A Genius

It Makes A Difference Who The Treasury Secretary Is.

Asset Values And Earning Power Are The Dominant Factors Affecting The Valuation Of A Controlling Interest In A Business. Market Price, Which Governs Valuation Of Minority Interest Positions, Is Of Little Or No Importance In Valuing A Controlling Interest.

Always Invest For The Long Term.

Does Management Resist The Institutional Imperative?

Never Invest In A Business You Don't Understand.