If you understood a business perfectly and the future of the business, you need very little in the way of a margin of safety.
Warren BuffettShould you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
Warren BuffettNever count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Warren BuffettMoney to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.
Warren Buffett