I will not be a slave to my image, nor will I be a slave to anyone else's interpretations of me.
Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.
If you don't find a way to make money while you sleep, you will work until you die.
The best investment you can make, is an investment in yourself. . . The more you learn, the more you'll earn.
Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
Michael Palin decided to give up on his considerable comedy talents to make those dreadfully tedious travel shows. Have you ever tried to watch one?
You hope your buddies will win so you don't have to loan them any money.
The worst things in history have happened when people stop thinking for themselves, especially when they allow themselves to be influenced by negative people. That's what gives rise to dictators. Avoid that at all costs. Stop it first on a personal level, and you will have contributed to world sanity as well as your own.
That is Gladstone, the greatest statesman that ever lived. I intend to be a statesman, too.