I Spend About Fifteen Minutes

You Have To Let The Big Ones Make Up For Your Mistakes.

I Talk To Hundreds Of Companies A Year And Spend Hour After Hour In Heady Pow-wows With Ceos, Financial Analysts And My Colleagues In The Mutual-fund Business, But I Stumble Onto The Big Winners In Extracurricular Situations, The Same Way You Do.

My High-tech Aversion Caused Me To Make Fun Of The Typical Biotech Enterprise: $100 Million In Cash From Selling Shares, One Hundred Ph.d.'s, 99 Microscopes, And Zero Revenues.

Everyone Has The Brainpower To Follow The Stock Market. If You Made It Through Fifth-grade Math, You Can Do It.

I Like To Buy A Company Any Fool Can Manage Because Eventually One Will.