Writing a check separates a commitment from a conversation.

In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.

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

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

I never invest in anything that I don't understand.

Making money isn't the backbone of our guiding purpose; making money is the by-product of our guiding purpose. If you're doing something you love, you're more likely to put your all into it, and that generally equates to making money