The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.
When it's raining gold, reach for a bucket, not a thimble.
A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.
Buy stocks like you buy your groceries, not like you buy your perfume.
I like to buy things I can understand. I do a lot of research on things.
Businesses always have opportunities to improve service, product lines, manufacturing techniques, and the like, and obviously these opportunities should be seized. But a business that constantly encounters major change also encounters many chances for major error