Ben was really a contrarian but he didn't use those terms because he was really buying value.
Making a decision to sell is the most difficult thing we do.
Look for companies that do not have a lot of debt.
Devise a simple strategy so you can sleep at night.
Remember that a share of stock represents a part of a business and is not just a piece of paper.
We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.