The key to success is emotional stability.

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.

Never give up searching for the job that you're passionate about.

Things you like to do should be a hobby of yours, but things the world does should be a business of yours.

Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth".

Ignore the stock market, ignore the economy, and buy a business you understand.

I think confidence will come back.