Timidity prompted by past failures causes investors to miss the most important bull markets.
I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.
If the stock goes down we want to buy more.
My job was to find stocks that were undervalued.
Ben's emphasis was on protecting his expectation of profit with minimum risk.
Most look at earnings and earnings potential, well I can't get into that game.