The Wise Man Once Said

Truly Conservative Actions Arise From Intelligent Hypotheses, Correct Facts And Sound Reasoning.

Beware Of Geeks Bearing Formulas.

Take The Probability Of Loss Times The Amount Of Possible Loss From The Probability Of Gain Times The Amount Of Possible Gain. That Is What We're Trying To Do. It's Imperfect, But That's What It's All About.

Consciously Paying More For A Stock Than Its Calculated Value - In The Hope That It Can Soon Be Sold For A Still-higher Price - Should Be Labelled Speculation

I Like To Go For Cinches. I Like To Shoot Fish In A Barrel. But I Like To Do It After The Water Has Run Out.