I'm not very good on timing. In fact, I've stayed away from it.

My job was to find stocks that were undervalued.

Ben was a great believer in buying a diversified group of securities, so that he limited his risk.

If the market is so cheap, you want to get something with a little more zip in it, or potential.

When you buy a depressed company it's not going to go up right after you buy it, believe me.

We do not spend a great deal of time talking to management.

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