If all the economists in the world were laid end to end, it wouldn't be a bad thing.
In business, competition is never as healthy as total domination.
It would be wonderful if we could avoid the setbacks with timely exits, but nobody has figured out how to predict them.
In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
Long shots almost always miss the mark.
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you've invested