I don't think you can have a better secretary of the Treasury than Hank Paulson.

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.

Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.

Cash, though, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent... When bills come due, only cash is legal tender. Don't leave home without it.

Investing is laying out money now to get more money back in the future.

A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well