You know, people tend to like to buy companies that are doing well.
I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.
When you buy a depressed company it's not going to go up right after you buy it, believe me.
If the market were way over priced, I wouldn't own any stocks.
Ben was a very simple straightforward man with a brilliant quick mind.
We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.