It's A Lot Easier To Buy Things

I've Often Felt There Might Be More To Be Gained By Studying Business Failures Than Business Successes.

In Our View, Though, Investment Students Need Only Two Well-taught Courses-how To Value A Business, And How To Think About Market Prices. Your Goal As An Investor Should Simply Be To Purchase, At A Rational Price, A Part Interest In An Easily-understandable Business Who's Earnings Are Virtually Certain To Be Materially Higher Five, Ten And Twenty Years From Now.

The Obligation Of A Society As Prosperous As Ours Is To Figure Out How Nobody Gets Left Too Far Behind.

I Do Know That When I Am 60, I Should Be Attempting To Achieve Different Personal Goals Than Those Which Had Priority At Age 20.

The One Piece Of Advice I Can Give You Is, Do What Turns You On. Do Something That If You Had All The Money In The World, You’d Still Be Doing It. You’ve Got To Have A Reason To Jump Out Of Bed In The Morning.