Learning to say prayers in a foreign language. . . is not in itself the way to fulfill our highest human potential; there is nothing of transcending value to be gained from substituting one set of cultural conventions for another. People whose practice remains on this superficial level end up with nothing but confusion, not knowing who they are or what they should do.
Warren Buffett
Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome).
