A Stock Doesn't Know That

Someone Is Sitting In The Shade Today Because Someone Planted A Tree A Long Time Ago.

Managers And Investors Alike Must Understand That Accounting Numbers Are The Beginning, Not The End, Of Business Valuation.

If You Lose Money For The Firm, I Will Be Forgiving. If You Lose Reputation, I Will Be Ruthless.

At Age 19, I Read A Book [the Intelligent Investor] And What I'm Doing Today, At Age 76, Is Running Things Through The Same Thought Process I Learned From The Book I Read At 19.

I Want To Be Able To Explain My Mistakes. This Means I Do Only The Things I Completely Understand.