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

We do not spend a great deal of time talking to management.

My job was to find stocks that were undervalued.

You have to have confidence in what you're doing.

I helped Ben with the third edition of Security Analysis, published in 1951.

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

If the stock goes down we want to buy more.