Managements, you know, often think of themselves.

Have a philosophy of investment and try to follow it.

All the publicity about value investing - it's become a very popular thing.

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

Devise a simple strategy so you can sleep at night.

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

Use book value as a starting point to try and establish the value of the enterprise.