"Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate."

Previous Quote

Small players learn to be intuitive, to anticipate, to protect the ball. A guy who weighs 90 kilos doesn't move like one who weighs 60. In the playground I always played against much bigger kids and I always wanted the ball. Without it, I feel lost.

— Andres Iniesta