You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
We believe that according to the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
You must know the difference between an asset and a liability, and buy assets.
Bundy sternly tool his fellow endowment fund managers to task - not for being too bold, but for being insufficiently so:We have the preliminary impression that over the long run caution has cost our...
Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of...
What could you do? Major Major asked himself again. What could you do with a man who looked you...
If I turned towards books, it was because they were the only sanctuary I knew, one I needed in order...
We all had to pay, but not for the crimes we were accused of. There were other scores to settle.
Hope for some means its loss for others; when the hopeless regain some hope, those in power--the...
The Red Lion was a four-ale bar with a handful of lowbrowed sons of toil who looked as though they...
if you don't understand something, you can't approximate it. You're really just guessing.
Why are they going to disappear him? I don't know. It doesn't make sense. It isn't even good...
Keep in mind that when we talk of a great painting we are not really talking about anything great....
Read me back the last line. 'Read me back the last line,' read back the corporal who could take...