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

Don't be in too much of a hurry to sell.

Remember that a share of stock represents a part of a business and is not just a piece of paper.

Basically, we try to buy value expressed in the differential between its price and what we think its worth.

Be careful of leverage. It can go against you.

Graham liked the idea of protection on the downside.

I liked the results of the profits in the markets.