I’d rather have a $10 million business making 15 percent than a $100 million business making 5 percent.
Coca-Cola
If you run across one good idea for a business in your lifetime, you’re lucky ; and fundamentally, Coca-Cola is the best large business in the world. It has got the most powerful brand in the world. It sells for an extremely moderate price. It’s universally liked – the per capita consumption goes up almost every year in almost every country. There is no other product like it.
Cockroaches
Problems in a company are like cockroaches in the kitchen. You will never find just one.
Aspects of the business
We’re not looking at the aspects of the stock, we’re looking at the aspects of the business.