Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

We don't get paid for being busy, we get paid for being right.

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

I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.

Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.

When investing, pessimism is your friend, euphoria the enemy.

Never invest in a business you can't understand