The Truth Is, Everything That

Never Test The Depth Of River With Both The Feet.

Wall Street Makes Its Money On Activity. You Make Your Money On Inactivity.

Our Policy Is To Concentrate Holdings. We Try To Avoid Buying A Little Of This Or That When We Are Only Lukewarm About The Business Or Its Price. When We Are Convinced As To Attractiveness, We Believe In Buying Worthwhile Amounts.

It’s Not That I Want Money. It’s The Fun Of Making Money And Watching It Grow.

If Principles Can Become Dated, They're Not Principles.