By setting up Berkshire Hathaway, Warren has done everything very rationally.

Try to look for weaknesses in your thinking.

You have to be a little aware of the emotions of the people who have invested with you.

I tried to follow Ben Graham's ideas.

Have patience. Stocks don't go up immediately.

We get a feeling, if we can, about what we think the company is worth.

I find it helpful to buy near the low of the last few years.