If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don't get too emotional when things go against you.

Some kinds of stocks are easier to analyse than others.

We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.

Be careful of leverage. It can go against you.

You have to be a little aware of the emotions of the people who have invested with you.

Sell is tough. It's the worst, it's the most difficult thing of all.

You have to have confidence in what you're doing.