Business Remark

To buy or not to buy is always the question. If the company you are investigating has a durable competitive advantage and you can buy it at a price that makes business sense, than you should jump in it. If you discover that it has a durable competitive advantage but is selling at too high a price, you should wait for a stock market correction, industry recession, or business calamity to create a more attractive situation. If it doesn't have a durable competitive advantage, then put the company out of mind, go for a long walk, and than get back to looking for one that has.

(Warren E. Buffett)