Investing is a business where you can look very silly for a long period of time before you are proven right.

Herbalife: the customers are fictitious, the business opportunity is a scam, the university degree is a fraud.

Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.

Investing is a business where you can look very silly for a long period of time before you are proven right.

In order to be successful, you have to make sure that being rejected doesn’t bother you at all.

I am always prepared to do the right thing regardless of what other people think.

I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.