Our Approach Is Very Much Profiting From

It's The Deleveraging That's Going On Right Now That Has Caused The Credit Crisis.

If You Own The Only Newspaper In Town, Up Until The Last Five Years Or So, You Have Pricing Power And You Didn't Have To Go To The Office.

We're Perfectly Willing To Trade Away A Big Payoff For A Certain Payoff.

[economy] Is Flat On The Floor, And The Paramedics Have Arrived. And They Shouldn't Argue About Whether They Put The Resuscitation Equipment A Quarter Of An Inch This Way Or A Quarter Of An Inch This Way, Or They Shouldn't Start Criticizing The Patient, Because He Didn't Have A Blood Pressure Test Or Something Like That. They Should Do What's Needed Right Now.

I Think You Should Read Everything You Can. In My Case, By The Age Of 10, I'd Read Every Book In The Omaha Public Library About Investing, Some Twice. You Need To Fill Your Mind With Various Competing Thoughts And Decide Which Make Sense.