It Is Better To Point Out Your

The Stockmarket Is A Semi-psychotic Creature Given To Extremes Of Elation And Despair.

Anyone Who Believes A Growth Rate In Excess Of 15% Per Annum Over The Long Term Is Attainable Should Pursue A Career In Sales, But Avoid One In Mathematics.

I Insist On A Lot Of Time Being Spent, Almost Every Day, To Just Sit And Think. That Is Very Uncommon In American Business. I Read And Think. So I Do More Reading And Thinking, And Make Less Impulse Decisions Than Most People In Business. I Do It Because I Like This Kind Of Life.

An Investor Needs To Do Very Few Things Right As Long As He Or She Avoids Big Mistakes.

Buy A Cross Section Of American Industry, And If A Cross Section Of American Industry Doesn't Work, Certainly Trying To Pick The Little Beauties Here And There Isn't Going To Work Either.