You Need A Lot Of Curiosity For

Be Fearful When The Markets Get Greedy, Be Greedy When The Markets Get Fearful.

Time Is The Friend Of The Wonderful Business. It's The Enemy Of The Lousy Business. If You're In A Lousy Business For A Long Time, You're Going To Get A Lousy Result, Even If You Buy It Cheap. If You're In A Wonderful Business For A Long Time, Even If You Pay A Little Too Much Going In, You're Going To Get A Wonderful Result If You Stay In A Long Time.

We Want To Use Cash. The Reason We Haven't Used Our Cash Two Years Ago, We Just Didn't Find Things That Were That Attractive. But When People Talk About Cash Being King, It's Not King If It Just Sits There And Never Does Anything. There Are Times When Cash Buys More Than Other Times, And This Is One Of The Other Times When It Buys A Fair Amount More, So We Use It.

Bull Markets And Bear Markets Can Obscure Mathematical Laws, They Cannot Repeal Them.

Credit Worthiness Is Like Virginity, It Can Be Preserved But Not Restored Very Easily, So It Is Crazy To Play Around With It.