I Think Confidence Will Come

Do Not Put All Your Eggs In One Basket.

Charlie [munger] And I Are Not Big Fans Of Resumes. Instead, We Focus On Brains, Passion And Integrity.

Anything Can Happen Anytime In Markets. And No Advisor, Economist, Or Tv Commentator-and Definitely Not Charlie Nor I-can Tell You When Chaos Will Occur. Market Forecasters Will Fill Your Ear But Will Never Fill Your Wallet.

It's Easy To Identify Many Investment Managers With Great Recent Records. But Past Results, Though Important, Do Not Suffice When Prospective Performance Is Being Judged. How The Record Has Been Achieved Is Crucial.

My Job Is Essentially Just Corralling More And More And More Facts And Information, And Occasionally Seeing Whether That Leads To Some Action.