Dan

“Here is an all-too-brief summary of Buffett’s approach: He looks for what he calls “franchise” companies with strong consumer brands, easily understandable businesses, robust financial health, and near-monopolies in their markets, like H & R Block, Gillette, and the Washington Post Co. Buffett likes to snap up a stock when a scandal, big loss, or other bad news passes over it like a storm cloud—as when he bought Coca-Cola soon after its disastrous rollout of “New Coke” and the market crash of 1987. He also wants to see managers who set and meet realistic goals; build their businesses from within rather than through acquisition; allocate capital wisely; and do not pay themselves hundred-million-dollar jackpots of stock options. Buffett insists on steady and sustainable growth in earnings, so the company will be worth more in the future than it is today.”
― Benjamin Graham, The Intelligent Investor

“The sad thing about this is that we cannot in fact have any relationships to our mythologies, any more than we can soul-kiss our reflection in the mirror, or sit down with “the country” for nice cup of coffee and a chat.”
― Stefan Molyneux, Real-Time Relationships: The Logic of Love

“The schoolteacher asks Billy Bob: "If you have 12 sheeps and one jumps over the fence, how many sheeps do you have left?"

Billy Bob answers, "None."

"Well" says the teacher, "you sure don't know your subtraction."

"Maybe not," Billy Bob replies, "but i darn sure know my sheeps.”
― Benjamin Graham, The Intelligent Investor

“You will be much more in control, if you realize how much you are not in control.”
― Benjamin Graham, The Intelligent Investor