Quotes from David Schneider

There are a large number of small to midsize businesses that generate impressive excess cash, most of them family owned businesses.

you can think better about the market; you don't hear so many stories, and you can just sit and look at the stock on the desk in front of you. You can think about a lot of things." 32 Buffett

Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day's financial news as he worked with rag and polish. An old beggar who regularly patrolled the street in front of my office now gave me tips and, I suppose, spent the money I and others gave him in the market. My cook had a brokerage account and followed the ticker closely.

when a publicly listed company decides to go private again, as Dell Computers did in 2013. Take this setback with decorum, receive your cash, keep it in your cash portfolio, and wait for the next opportunity. A proxy fight or even becoming a private investor in a new entity is not worth your work and time -- especially for individual investors. Listen

For example, people ask me about Eastman Kodak's slow disintegration and financial struggle. Let me tell you that people at Kodak knew where the wind was blowing. The decline in sales of photographic film and its slowness in transitioning to digital photography was no surprise to anybody who studied it intensively or was directly involved. Listen to your intuition and sell, or even better, don't invest in it at all. Selling

Having more money doesn't necessarily make you happier, but more time can!

At the risk of repeating myself, every investor's goal is to buy an investment at a low price and then sell it at a higher price. Buy low and sell high! The one thing that always keeps you from accomplishing this simple mission is yourself, not because making the purchase or sale is difficult to find out or to accomplish.

It doesn't mean that you have so much money coming in you don't have to work anymore. It means having the freedom to do what you really want in life, and the freedom to be the person you are striving to be. What

We have to ask ourselves one single question, according to Koch: "What will give us better result for less energy?" or, in a more common phrase: "How do we get the most bang for our buck?" If

If the 80/20 principle says that 80% of your results come from 20% of your efforts,