Imagine if you borrowed your parents' car without permission and ran it into a tree, how much better you'd feel if you were incorporated.
If a picture is worth a thousand words, in business, so is a number.
I like to buy a company any fool can manage because eventually one will.
When you start to confuse Freddie Mac, Sallie Mae and Fannie Mae with members of your family, and you remember 2,000 stock symbols but forget the children's birthdays, there's a good chance you've become too wrapped up in your work.
A lot of people got in at the wrong time. A lot of people did very well and some people said, "This is it. I'll never get back in again." And they maybe meant it, but they probably got back in again anyway.
I've always been a great lover of baseball.
That's not to say there's no such thing as an overvalued market, but there's no point worrying about it.
In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.
So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.
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