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Assessing management quality is clearly one of the most important aspects of an investment decision. ”
There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of successful investing. But in the never-ending quest for the next great idea, investors often give short shrift to their existing investments. ”
Small-company stocks, like any asset class, can get picked over from time to time, but there are fundamental reasons why diligently mining them with an eye for unrecognised value can get market-beating returns. ”
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. ”
In grammar school some of the girls had problems with me. My face was too light. My hair was too long. It was the black-consciousness period, and I felt really bad. ”
I'm good where I am at this moment. ”
I believe that children are our future. Teach them well and let them lead the way. Show them all the beauty they possess inside. ”
In the entertainment industry, there is this fear of getting older, because we have high definition television now, and you can see things that the human eye can't even pick up. But the good thing about standup is that the older you get, the funnier you get. ”
I think that we're in a really amazing time, where there are really a lot of really fantastic female actresses and comedians. I imagine there's just a lot of opportunity for women to have powerful roles. Or it's just that there's more women writing TV. Women tend to maybe write strong women. ”