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

Managements, you know, often think of themselves.

Try to buy assets at a discount than to buy earnings.

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

You never really know a stock until you own it.

My job was to find stocks that were undervalued.

You never get the high and you never get the low.