“If you mix raisins with turds, they are still turds.”
“Being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical things, will often dramatically improve the financial results of the lifetime. A few major opportunities clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.”
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