No one would suggest completely ignoring news about your investments. Enron investors, for example, would have been well served to sell once early reports of accounting irregularities surfaced. But the key is to keep news in context and act only if further reflection or study indicates that the core thesis for an investment has changed.
I think that most people who complain about our government have no idea what they're talking about because they've never been to a country with a bad government.
I have long believed the corporate world is plagued by poor capital allocation decisions.
Wall Street, in the main, hates uncertainty, which manifests itself in depressed share prices of companies whose prospects lack 'visibility.' But where the market can err is in confusing uncertainty with risk.
It's difficult to fix a truly broken business, but when it happens, the returns can be extraordinary.
There's a real company in Facebook and then a lot of pretenders riding their coat tails.
My portfolio consists of many companies I find fundamentally undervalued in which I expect activism to play a role in the value being realised.
Assessing management quality is clearly one of the most important aspects of an investment decision.
I have encountered thousands of value investors over the years and am constantly struck by their differences - and their similarities.
While everyone would love to have that perfect portfolio of stocks that can be bought and held forever, it usually does not work out that way. Markets, technology, and businesses change too quickly to put portfolios on autopilot.
The potential rewards of small-cap investing do not come without risk.
Small-company stocks, like any asset class, can get picked over from time to time, but there are fundamental reasons why diligently mining them with an eye for unrecognised value can get market-beating returns.
Because I'm a very public figure, everybody knows what my returns are.
While I take no pleasure in others' misfortunes, we've historically made most of our profits from other investors behaving in a panicked and irrational fashion and selling us certain stocks at prices far below their intrinsic value. More volatility equals cheaper stocks, which equals higher returns.
Shorting saved my butt in 2008... Shorting kept me in the game. It generates cash when the market's crashing. And that's what you want when the market's crashing - cash.
My advice to most people is don't short stocks. It's a very, very difficult business. And you can really get clobbered.
If I bring to light a company that's poisoning customers, defrauding investors, or something like that... there just aren't enough regulators in the world to keep up with all of the fraud and malfeasance that goes on out there, particularly in the little nooks and crannies of the market.
I am part of the 1 percent of the 1 percent. By that, I mean that I am fortunate to be a wealthy American, and I say, 'It's okay to raise my taxes.'
I think most people agree with the idea of shared sacrifice, but for many, when push comes to shove, that principle goes out the window.
While there's always plenty of room for improvement, our government is actually quite effective and efficient. Our military and judicial systems and national parks are the best in the world. Unlike in countries where government corruption is rampant, I've never once been solicited for a bribe.
