I'm Putting All My Money

I Always Say That In Investing You Want To Buy Stock In A Company That Has A Business That's So Good That An Idiot Can Run It, Because Sooner Or Later One Will. We Have A Country Like That.

The Worst Sort Of Business Is One That Grows Rapidly, Requires Significant Capital To Engender The Growth, And Then Earns Little Or No Money. Think Airlines. Here A Durable Competitive Advantage Has Proven Elusive Ever Since The Days Of The Wright Brothers. Indeed, If A Farsighted Capitalist Had Been Present At Kitty Hawk, He Would Have Done His Successors A Huge Favor By Shooting Orville Down.

Does The Business Have Favourable Long Term Prospects?

Look For 3 Things In A Person. Intelligence, Energy, & Integrity. If They Don't Have The Last One, Don't Even Bother With The First Two.

The Best Education You Can Get Is Investing In Yourself, And That Doesn't Mean College Or University.