The list of qualities [an investor should have] includes patience, self reliance, common sense, a tolerance for pain, open mindedness, detachment,...

Companies do not go bankrupt the way they used to, and countries are not declared in default. We talk about restructuring instead. We are prolonging...

In the world of investment management, it is far better to fail very badly in a conventional way and lose a great deal of money for your client than...

Between the chance of making an unusually large profit on an unknown company and the assurance of losing only a small amount on an established...

There isn't an Internet company in the world that's going to fail because of mistakes - Internet companies make thousands of mistakes every week....