What we really want to do is buy businesses that we would be happy to own forever.
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
Time is the friend of the wonderful company, the enemy of the mediocre.
Calculate "owner earnings" to get a true reflection of value.
The only time to buy these is on a day with no 'y' in it.
He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.