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We will make bold rather than timid investment decisions where we see a sufficient probability of gaining market leadership advantages.

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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

The economic situation, the high cost of undertaking manufacturing, the supply chain - which is, by the way, dying out also as manufacturing undergoes hardship - make the U.K. not the first place you would look at to make a manufacturing investment.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

Good big decisions do not take time at all, if they do you are in trouble.

Never depend on single income. Make investment to create a second source.