Risk Is A Part Of

The Best Way In My View Is To Just Buy A Low-cost Index Fund And Keep Buying It Regularly Over Time, Because You'll Be Buying Into A Wonderful Industry, Which In Effect Is All Of American Industry... People Ought To Sit Back And Relax And Keep Accumulating Over Time.

Gold Has Two Significant Shortcomings, Being Neither Of Much Use Nor Procreative.

There Is Seldom Just One Cockroach In The Kitchen. You Know, You Turn On The Light And, All Of Sudden, They All Start Scurrying Around.

Buy Into A Company Because You Want To Own It, Not Because You Want The Stock To Go Up.

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.