The value of a business is the cash it's going to produce in the future.

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.

If you can tell me who your heroes are, I can tell you how you're going to turn out in life.

If you hit a hole in one every hole, you wouldn’t play golf for very long.

If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.

The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.