The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.
Warren BuffettWe have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
Warren BuffettThe best education you can get is investing in yourself, and that doesn't mean college or university.
Warren BuffettI would say the biggest single cause was we had an incredible residential real estate bubble.
Warren Buffett