Timidity prompted by past failures causes investors to miss the most important bull markets.

You know, people tend to like to buy companies that are doing well.

Look for companies that do not have a lot of debt.

Most look at earnings and earnings potential, well I can't get into that game.

Try to establish the value of a company.

Sell is tough. It's the worst, it's the most difficult thing of all.

I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.