There are good examples of companies - Coca-Cola is one - that invested before there was a huge market in countries, and I think that ended up playing out to their benefit for decades to come.

We've got thousands of investors counting on us. And we're a team of thousands of employees all counting on each other. That's fun.

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

Basically, the single-most important decision in evaluating a business is pricing power.

Sound investing can make you very wealthy if you're not in too big a hurry.

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