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I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

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There seems to be some perverse human characteristic that likes to make easy things difficult.

Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

Our favorite holding period is forever.

We're perfectly willing to trade away a big payoff for a certain payoff.

It's not that I want money. It's the fun of making money and watching it grow.

If a business does well, the stock eventually follows.