If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.
Warren BuffettTruly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
Warren BuffettFirst, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.
Warren Buffett