The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.

There is no such thing as a value trap. There are investing mistakes.

We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too proud to copy the ideas of others, I likely wouldnt have even a fraction of my current success.

The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

Heads I win, tails I don’t lose much.