Donald Yacktman Quotes

The whole court system in this country seems a little bizarre, ... When I was a kid, cigarettes were called 'cancer sticks' and 'coffin nails.' To say the companies have been trying to hide things doesn't make senseThe courts tied the tobacco companies' arms behind their backs.

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Now that the worst lawsuits are fading it seems a golden opportunity to do that. Kraft is limping.

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Management can focus on one business. From a psychological standpoint as well as from a practical standpoint it's a positive move.

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When people bought these funds, they bought them because they wanted me to manage the funds, not the directors.

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No company is totally immune from disaster, chaos, recession, you name it, ... But on a scale, ours tend to be most recession-proof.

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A delay allows people to have less psychology and more orderly behavior.

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Would I like to have a man like Buffett on the board You bet. But can I blame him for going off Not at all. But Buffett, with the amount of shares he owns, will still have an influence.

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