Time is the friend of the wonderful company, the enemy of the mediocre.
Every day, I have new ideas. It makes my brain tired, so I spend time taking care of company quality, finding new artists, and taking care of the young artists.
If you can buy the best companies, over time the pricing takes care of itself.
When screening engineers from other companies, its smart to value engineers from great companies more than those from mediocre companies.
I actually made a website called Y2 Combinator, which was the Y Combinator that starts Y Combinator clones. There's a very clear difference in the quality between the companies that come from YC and the companies that don't.
A man in a jail has more room, better food, and commonly better company
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Bad companies are destroyed by crisis, Good companies survive them, Great companies are improved by them.
Time is on your side when you own shares of superior companies.
A great company is not a great investment if you pay too much for the stock.
A really first-class company uses really fine stationery.
