1) My problem, my strength, is I don't like to sell. I like to own things. The kinds of things I buy, often, you can own forever, or at least for many, many years.
2) The book that I still to this day tell people to read is Security Analysis by Ben Graham. I read it decades ago. Short of that, The Intelligent Investor by Graham and Dodd. Graham's ideas of investing in fundamentals and cheap stocks, I realized that's the that's the kind of investor I was, that's what I loved and thought was great. So, I recommend that book when people ask me what book to read or books to read I tell them about Ben Graham.
3) The more certain something is, the less likely it is to be profitable.
4) If people learn to be a little more attentive to what they see they might wind up making investments and they might be successful.
5) One of the best things I can tell you is do not have a lot of debt and try to stay away from people that have a lot of debt.
6) Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.
7) If you want to get rich you don't diversify. You put all your eggs in one basket and then you watch the basket very carefully. You got to make sure it's the right basket or you will go bankrupt but that's how you get rich. Henry Ford never diversified, Bill Gates never diversified.
