You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map. You may find local companies that have nothing wrong with them at all. A company that I found, Western Insurance Securities, was trading for $3/share when it was earning $20/share!! I tried to buy up as much of it as possible. No one will tell you about these businesses. You have to find them.
Warren BuffettBull markets and Bear markets can obscure mathematical laws, they cannot repeal them.
Warren BuffettThe best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.
Warren BuffettResolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
Warren BuffettInvesting is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.
Warren Buffett