"As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes."

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Whenever there is some trouble in any area of the economy, the simplest solution to many people is "Let the government fix it." Yet ... every time the government uses its money or its power to favor this group or that ... the net result is such a web of supports, subsidies, interventions and controls that it is almost impossible for a nation to find its way back into a dynamic system of really free enterprise.

— Lawrence Fertig