Time is the friend of the wonderful company, the enemy of the mediocre

“We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business: (1) favorable long-term economic characteristics;(2) competent and honest management;(3) purchase price attractive when measured against the yardstick of value to a private owner; and(4) an industry with which we are […]

Cryptocurrencies will come to bad endings

Stocks [have] been so much more attractive than bonds

The light can at any time go from green to red without pausing at yellow

I’ll give my children ‘enough money so that they would feel they could do anything, but not so much that they could do nothing – Warren Buffet

Don’t pass up something that’s attractive today because you think you will find something better tomorrow

We never want to count on the kindness of strangers in order to meet tomorrow’s obligations. When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.

Never depend on a single income. Make an investment to create a second source.

“I had a great teacher in life, my father. But I had another great teacher in terms of profession in terms of Ben Graham. I was lucky enough to get the right foundation very early on. And then basically I didn’t listen to anybody else. I just look in the mirror every morning and the […]