Does the business have favourable long term prospects?

If you want to soar like an eagle in life, you can't be flocking with the turkeys.

I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.

It's just that right now the athlete's on the floor. But we - this is a super athlete.

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.

Wall Street makes its money on activity. You make your money on inactivity.