I have said many times that it's a mistake to bet against the long-term health of the U.S. equity markets because it's a mistake to bet against the long-term health of the U.S. economy.
From Gerry Schwartz
I have almost no interest in quarterly reports. Running a business or investing in a business based on quarterly earnings doesn't make any sense at all to me.
A lot of what I do is running businesses rather than buying stocks. My worst decision is probably when I know I have the wrong chief executive running the business, and I keep on waiting to make the difficult decision of replacing him.
Good decisions can have bad short-term outcomes but be great for the business long-term.
Helping people getting a great start in life, a great foundation, is an investment.
I was a kid from Winnipeg - I didn't know anything about the world.
I came from Winnipeg and a small-town background, and I wouldn't say a depressed area, but Winnipeg has never been a rich area like Toronto.
You see these young people in Antigonish who are coming from Cape Breton, and these are really smart, attractive young people, who are living in a place that's been very rough economically. It's a very special thing to be helpful there.
I'd always felt like a Canadian living in the U.S.
I love the U.S. I love doing business there.
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