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Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.
It's so difficult. Sometimes if I have dessert, I think, 'Well, I blew it.' That's something I need to work on and control. But still there's nothing like a buffet.
I have legendary massive breakfasts at hotels. I don't hold back. I'll get there at 7A.M. and I'll be the last out at 11 A.M., having gone up and down the buffet seven times.
Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.
I tend to vacillate between belief systems. Right now I'm kind of checking out the whole buffet, you know, and maybe in a little while I'll decide on what I want to put on my plate and chow down on.
If we were capable of thinking of everything, we would still be living in Eden, rent-free with all-you-can-eat buffets and infinitely better daytime TV programming.