You never get the high and you never get the low.
Price is the most important factor to use in relation to value.
Timidity prompted by past failures causes investors to miss the most important bull markets.
Look for companies that do not have a lot of debt.
By setting up Berkshire Hathaway, Warren has done everything very rationally.
Ben was a great believer in buying a diversified group of securities, so that he limited his risk.