In the long term, we've got to defeat an ideology of hate with an ideology of hope. There' a reason why people like [Al-Qaida leader Osama] bin Laden are able to recruit suiciders, because if you don't have hope, you're attracted to an ideology which says, it's OK to kill people and kill yourself.
The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
You made me confess the fears that I have. But I will tell you also what I do not fear. I do not fear to be alone or to be spurned for another or to leave whatever I have to leave. And I am not afraid to make a mistake, even a great mistake, a lifelong mistake and perhaps as long as eternity too.
I don't think anyone can predict what the short term will look like. In the long term, it will be a Syria without Bashar Assad. The longer it takes, the worse it will get.
A commission of haberdashers could alone have reported what the rest of her poor dress was made of, but it had a strong general resemblance to seaweed, with here and there a gigantic tea-leaf. Her shawl looked particularly like a tea-leaf after long infusion.
The way of love is as true as the way of knowledge. All paths ultimately lead to the same Truth. But as long as God keeps the feeling of ego in us, it is easier to follow the path of love.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.