If You Can't Communicate And Talk To

My Rather Puritanical View Is That Any Investment Manager, Whether Operating As Broker, Investment Counselor Of A Trust Department, Investment Company, Etc., Should Be Willing To State Unequivocally What He Is Going To Attempt To Accomplish And How He Proposes To Measure The Extent To Which He Gets The Job Done.

The Three Most Important Words In Investing...margin Of Safety.

It's Never Paid To Bet Against America.

Diversification Is A Protection Against Ignorance. It Makes Very Little Sense For Those Who Know What They're Doing.

Working With People Who Cause Your Stomach To Churn Seems Much Like Marrying For Money - Probably A Bad Idea Under Any Circumstances, But Absolute Madness If You Are Already Rich.