

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.
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A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.
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Never depend on single income. Make investment to create a second source.
Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.
At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.
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