The true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

High valuations entail high risks.

It is absurd to think that the general public can ever make money out of market forecasts.

The best values today are often found in the stocks that were once hot and have since gone cold.

It is no difficult trick to bring a great deal of energy, study, and native ability into Wall Street and to end up with losses instead of profits. These virtues, if channeled in the wrong directions, become indistinguishable from handicaps.

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.

The true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.