"The three auto companies in the United States, they're all scrambling to come up with a plan, some way to reinvent themselves. Well this week Ford did its part. Ford unveiled a new hybrid, the Ford Fusion, which will get almost 40 miles to the gallon. Isn't that amazing? Yeah, and when asked how much it would cost, a spokesman for Ford said, '$25 billion.' They just want that money; they don't care. That's without mud flaps."

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There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks (whether the manager is handling one thousand dollars or one billion dollars) is not being operated logically. The addition of the one hundredth stock simply can't reduce the potential variance in portfolio performance sufficiently to compensate for the negative effect its inclusion has on the overall portfolio expectation.

— Warren Buffett