Earnings can change dramatically. Usually assets change slowly.

If the market is so cheap, you want to get something with a little more zip in it, or potential.

Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.

Ben was really a contrarian but he didn't use those terms because he was really buying value.

Make sure you have the courage to stay true to your convictions and not let the market affect your emotions.

I don't have a ticker-tape machine in my office.

Warren is a very good judge of people and he's a very good judge of businesses.