Great Throughts Treasury

"You should invest in a business, that even a fool can run, because someday a fool will."

"You only have to do a very few things right in your life so long as you don't do too many things wrong."

"You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it."

"You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right—and that’s the only thing that makes you right. And if your facts and reasoning are right, you don’t have to worry about anybody else."

"Your premium brand had better be delivering something special, or it's not going to get the business."

"You shouldn’t own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress."

"You've been drafted into a war you didn't start... Focus on your customers and lead your people as though their lives depended on your success."