We Also Believe Candour Benefits Us As

I Don't Measure My Life By The Money I've Made. Other People Might, But Certainly Don't.

Fear Is The Foe Of The Faddist, But The Friend Of The Fundamentalist.

Lethargy Bordering On Sloth Remains The Cornerstone Of Our Investment Style. The Exception Was Wells Fargo, A Superbly-managed, High-return Banking Operation In Which We Increased Our Ownership To Just Under 10%, The Most We Can Own Without The Approval Of The Federal Reserve Board.

We Like To Buy Businesses, But We Don't Like To Sell Them.

Do Not Save What Is Left After Spending, But Spend What Is Left After Saving.