'We will reject interesting opportunities rather than over-leverage our balance sheet.' - Berkshire Hathaway Owners Manual

'Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic he…

'If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period?'Many investors get this one wr…

'Time is the enemy of the poor business and the friend of the great business. If you have a business that's earning 20%-25% on equity, time is your friend. But…