Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.

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 can be sure that over the next 10 years, you'll see something that you did not think was possible.

Don't settle for anything other than your passion - if you're lucky enough to find it.

I wouldn’t mind going to jail if I had three cellmates who played bridge

We continue to make more money when snoring than when active.

The .350 hitter expects, and also deserves, a big payoff for his performance - even if he plays for a cellar-dwelling team. And a .150 hitter should get no reward - even if he plays for a pennant winner.