When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!

Use book value as a starting point to try and establish the value of the enterprise.

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.

All the publicity about value investing - it's become a very popular thing.

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

I'm a passive investor. There are people who are very aggressive; they try to buy companies.

I helped Ben with the third edition of Security Analysis, published in 1951.