"Lethargy bordering on sloth remains the cornerstone of our investment style."
--Warren Buffett #investing #quote

With that we may miss some opportunities, but with patience and a sharp focus on value we greatly improve our odds of long term outperformance, even with large cash drag

Keep a cool head, stick to the fundamentals, have perspective on your emotions and...

"Be fearful when others are greedy, and greedy when others are fearful."
--Warren Buffett

"Recognize reality even when you don't like it. Especially when you don't like it"
-- Charlie Munger

"The CEO who misleads others in public may eventually mislead himself in private."
-- Warren Buffett