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.
Our average holding period is four years.
Book values have some good and some bad features.
I tried to follow Ben Graham's ideas.
By setting up Berkshire Hathaway, Warren has done everything very rationally.
I like the idea of company-paid dividends.