The great personal fortunes in the country weren't built on a portfolio of fifty companies. They were built by someone who identified one wonderful business. With each investment you make, you should have the courage and the conviction to place at least 10% of your net worth in that stock.
Warren BuffettIntrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.
Warren BuffettThe patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.
Warren Buffett