I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.

An ounce of prevention is worth a pound of cure understated.

I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.

A stock doesn't know that you own it.

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.

I mean, if Pearl Harbor came along, you could have said the planning was wrong by the military ahead of time or maybe the battleships shouldn't have all been in the harbor and all that kind of thing.