In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.

The intelligent investor shouldn't ignore Mr. Market entirely. Instead, you should do business with him- but only to the extent that it serves your interests.

Confronted with a challenge to distill the secret of sound investment into three words, we venture the motto, Margin of Safety.

Wall Street people learn nothing and forget everything.

Individuals who cannot master their emotions are ill-suited to profit from the investment process.

An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd.

Thousands of people have tried, and the evidence is clear: The more you trade, the less you keep.