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If you look at the history of technology gadget makers, hardware makers, it's littered with the corpses of Palm and RIM and companies like that. ”
There are far too many ineffective teachers and, in particular, far too many truly terrible teachers who are harming children and poisoning the system. ”
Dealing with uncertainty is always a key challenge for investors. But dealing with uncertainty doesn't mean avoiding it - on the contrary, it is often fuzziness about a company's future that creates the type of opportunity bargain-hunting investors cherish. ”
Just because a company's future is highly uncertain doesn't mean an investment in it is risky. In fact, some of the best potential investments are highly uncertain but have little risk of permanent capital loss. ”
When high-growth companies slow down, growth and momentum junkies often sell indiscriminately, which can create great opportunities for value investors. Just be careful not to anchor on the stock's previous price or earnings multiple, which are no longer relevant. ”
We don't look at what happens in our business in six-month periods. ”
Support the strong, give courage to the timid, remind the indifferent, and warn the opposed. ”
The hardest work in the world is being out of work. ”
I would stay in my room for days, for days at times, just trying to get it together, to know what my next phase was going to be. ”
I'm not crazy about arenas just because I can sell them out. It doesn't do anything for my ego at all. I want to play places where people don't have to sit in the nosebleed seats and wonder what the hell is going on. ”