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.
We should be investing where the public returns are greatest - that is in innovation.
You never know what the American public is going to do, but you know that they will do it all at once.
First come the innovators, then come the imitators, then come the idiots.
I don't understand it. Jack will spend any amount of money to buy votes but he balks at investing a thousand dollars in a beautiful painting.
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
Diversification is an established tenet of conservative investment.
Experience shows that what happens is always the thing against which one has not made provision in advance.
Does the business have a consistent operating history?
The key is in not spending time, but in investing it.
You must never delude yourself into thinking that you're investing when you're speculating.
Wait until companies have an initial prototype, have shown that they have the potential to be profitable and have the ability to scale. That's the best time to invest.
A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.
The current financial crisis calls out for new products and services as well as more, not less, information about what is safe and profitable in the future environment.
All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Giving should be entered into in just the same way as investing. Giving is investing.
Ben's emphasis was on protecting his expectation of profit with minimum risk.
Don't buy on tips or for a quick move.
The Wheels of Justice turn slowly but exceedingly fine.
The United Nations has been in the Great Lakes Region and Sahel for 50 years, mostly investing in peacekeeping. NOW is the time to invest in young people!