I Always Invest In Companies

Benign Neglect, Bordering On Sloth, Remains The Hallmark Of Our Investment Process.

We Need A Tax System That Essentially Takes Very Good Care Of The People Who Just Really Aren't As Well Adapted To The Market System But Are Nevertheless Doing Useful Things In The Society.

I Measure Success By How Many People Love Me. And The Best Way To Be Loved Is To Be Lo Veable.

The Commission Of The Investment Sins Listed Above Is Not Limited To 'the Little Guy.' Huge Institutional Investors, Viewed As A Group, Have Long Underperformed The Unsophisticated Index-fund Investor Who Simply Sits Tight For Decades. A Major Reason Has Been Fees: Many Institutions Pay Substantial Sums To Consultants Who, In Turn, Recommend High-fee Managers. And That Is A Fool's Game.

... Not Doing What We Love In The Name Of Greed Is Very Poor Management Of Our Lives.