“Cultural exchanges like this help ensure that the future they create will be brighter for having opened these doors of communication and understanding.”
“Sure, we bought some too early, ... But take out calendar-year performances and look longer term. Over the time we've held them, those names have turned out to be pretty good investments for our shareholders.”
“We figured that this was a company with 85% of its stock price coming from its net cash, ... So we were able to buy Apple's manufacturing and design operation basically for next to nothing.”
“Online trading is a high-cost business that lends itself to more consolidation going forward, ... And that will have a big impact on giving E-Trade more opportunity to improve its profit margins.”
“What people on Wall Street didn't recognize is Station isn't on the Strip -- it caters to the locals, ... Station caters to people who live in Las Vegas. And the city is growing rapidly.”
“I don't think that's a relevant statistic, ... Valuing it relative to something else is not the way to value a company. I don't buy something just because it's cheap.”
“Many Internet companies this fund won't own, ... But the Internet is a very, very important part of the economy going forward, and if I can find unique value with downside protection in an Internet stock, I will buy it.”
“There are great investing opportunities all over the world, and I am looking for any place with great value, ... I don't want to be pinned in. I will look anywhere.”
