By THOUSIF INC
1. "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
2. "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you will do things differently."
3. "Price is what you pay. Value is what you get."
4. "Someone is sitting in the shade today because someone planted a tree long ago."
5. "Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."
6. "Risk comes from not knowing what you are doing."
7. "It is only when the tide goes out that you discover who has been swimming naked."
8. "It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
9. "Our favorite holding period is forever."
10. "It is better to hang out with people better than you. Pick out associates whose behavior is better than yours, and you will drift in that direction."