Don't buy on tips or for a quick move.

Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.

Try to establish the value of a company.

I'm a passive investor. There are people who are very aggressive; they try to buy companies.

I don't have a ticker-tape machine in my office.

Be careful of leverage. It can go against you.

Try to look for weaknesses in your thinking.