Be aware of the level of the stock market. Are yields low and PE ratios high?

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

I found that it was much better to look at the figures rather than people.

Warren is a very good judge of people and he's a very good judge of businesses.

I tried to follow Ben Graham's ideas.

Try to look for weaknesses in your thinking.

Some kinds of stocks are easier to analyse than others.