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If I'm cooking dinner for my hubby or designing a line or selling on QVC, I try to do it in an authentic way. To speak to people like I want to be spoken to, to be a voice for people who don't have one and to give them things they need and love.

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Peter Cundill

If it is cheap enough, we don't care what it is.

Care, Cheap, Don'T Care, Enough
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Just as many smart people fail in the investment business as stupid ones. Intellectually active people are particularly attracted to elegant concepts, which can have the effect of distracting them from the simpler, more fundamental truths.

Distracting, Intellectually, People, Smart, Stupid

You find bargains among the unpopular things, the things that everybody hates. The key is that you must have patience.

Hate, Hates, Having Patience, Keys, Patience, Unpopular

The difference between the price we pay for a stock and its liquidation value gives us a margin of safety. This kind of investing is one of the most effective ways of achieving good long term results.

Achieving, Differences, Effective, Investing, Long, Safety

When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual circumstances.

Art, Circumstances, Half, Individual, Position, Stock

I try to keep in mind Oscar Wilde's comment that "saints always have a past and sinners always have a future," so no investment should be ruled out simply on the basis of past history. We focus on liquidation analysis and liquidation analysis alone.

Alone, Focus, Future, Investment, Mind, Past
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