Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

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

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices.

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

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

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