Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes
When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
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