The future is never clear; you pay a very high price in the stock market for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.

If you can eliminate the government as a 39.6% partner, then you will be much better off.

Many stock options in the corporate world have worked in exactly that fashion: they have gained in value simply because management retained earnings, not because it did well with the capital in its hands.

Charlie and I have a number of filters that things have to get through before we'll think about them.

To win, the first thing you have to do is not lose.

I really like my life. I've arranged my life so that I can do what I want.

Unless your answers are clearly better, copy the answers of your betters.