Warren is a very good judge of people and he's a very good judge of businesses.

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

Be careful of leverage. It can go against you.

If the market were way over priced, I wouldn't own any stocks.

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

I like the idea of company-paid dividends.

Graham liked the idea of protection on the downside.