Temperament: "The key is to have a "money mind," which is not IQ, and then you have to have the right temperament. If you can't control yourself, you're going to have disasters..." -- Warren Buffett
1983 – Wesray (an investment partnership) takes Gibson Greeting Card Inc. public, selling about 30 percent of the company for $96 million and giving the whole company a value of $330 million. About a year before, Wesray had purchased Gibson in a famous leveraged buyout for $80 million, of which $79 million was borrowed. The two deals make Simon and Chambers look like geniuses: they had earned a $250 million pre-tax profit on a $1 million equity investment.