If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.

I really like my life. I've arranged my life so that I can do what I want.

Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.

Honesty is a very expensive gift, Don't expect it from cheap people.

An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.