Focus On Return On Equity,

If You Don't Feel Comfortable Owning Something For 10 Years, Then Don't Own It For 10 Minutes.

There's Not Many Businesses Where Someone Can Come In And Offer To Cut The Price In Half And Somebody Doesn't Think About Shifting. But That's The Nature Of The Ratings Business.

You Have To Be Able To Communicate In Life And Probably Schools Underemphasize That. If You Can't Talk To People Or Write, You're Giving Up Your Potential.

We Do Not View The Company Itself As The Ultimate Owner Of Our Business Assets But Instead View The Company As A Conduit Through Which Our Shareholders Own Assets.

Why Not Invest Your Assets In The Companies You Really Like? As Mae West Said, 'too Much Of A Good Thing Can Be Wonderful'.