Time is the friend of the wonderful company, the enemy of the mediocre.

If a business does well, the stock eventually follows.

When you look at what was happening with e-commerce and how big that was going to become, there's the big wave of India, there's the big wave of e-commerce, and then there's the question of, "Is this the brand to invest in?". We developed this confidence in that team, and so far we've been proven to be right about that.

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

Hard knocks have a place and value, but hard thinking goes farther in less time.

In the Ford Motor Company we emphasize service equally with sales.