Devise a simple strategy so you can sleep at night.

Look at companies selling at new lows.

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

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

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

I liked the results of the profits in the markets.

One of the tricks of this business is, keep your losses down.