The smartest side to take in a bidding war is the losing side.
If knowing history made you rich, librarians would be billionaires.
Never invest in a business you don't understand.
You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
Lethargy, bordering on sloth should remain the cornerstone of an investment style.
A fool and his money are soon invited everywhere.