TURN PHONE HORIZONTALLY IF USING A MOBILE Listen to old men in a profession where men die young. Fish where the fish are. “When you only basically buy ideas that other great investors have already bought after studying them, the error rate you will have will be a small fraction of what you would have if you went out on the prairie on your own. If you go out on your own and look at 10,000 stocks and pick ten – trust me – your error rate will be off the charts. But if you pick ten out of the 40 that great investors have bought and you have looked into why they bought them, it’s like bowling with bumpers…Never bowl without bumpers when they offer you bowling with bumpers. ”— Mohnish Pabrai
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The Rational Cloner 