We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
It sometimes is a disadvantage to be so very guarded. If a woman conceals her affection from the object of it, she may loose the opportunity of fixing him.
The happiness that may emerge from taking a second look is central to Proust's therapeutic conception. It reveals the extent to which our dissatisfactions may be the result of failing to look properly at our lives rather than the result of anything inherently deficient about them.
So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's got to be something I understand. It's got to be a business with fundamentally good economics. It's got to be a management that I like and trust and admire. And it's got to be a price that makes sense.