In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: 'This too will pass.'

The ideal form of common stock analysis leads to a valuation of the issue which can be compared with the current price to determine whether or not the security is an attractive purchase.

The sillier the market's behavior, the greater the opportunity for the business like investor.

Always buy your straw hats in the Winter

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

A defensive investor can always prosper by looking patiently and calmly through the wreckage of a bear market.

... the loss of public confidence in the financial community growing out of its own conduct in recent years. I insist that more damage has been done to stock values and to the future of equities from inside Wall Street than from outside Wall Street.