The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.

By refusing to pay too much for an investment, you minimize the chances that your wealth will ever disappear or suddenly be destroyed.

The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.

The stock market resembles a huge laundry in which institutions take in large blocks of each others washing ... without rhyme or reason.

A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.

We define a bargain issue as one which, on the basis of facts established by analysis, appears to be worth considerably more that it is selling for.

Always remember that market quotations are there for convenience, either to be taken advantage of or to be ignored.