The investor should be aware that even though safety of its principal and interest may be unquestioned, a long term bond could vary widely in market price in response to changes in interest rates.

To be an investor you must be a believer in a better tomorrow.

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

there is a tendency in part of Wall Street people to pay excessive attention to the most recent figures and the present financial picture.

The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.

Those with the enterprise lack the money and those with the money lack the enterprise to buy stocks when they are cheap.

... 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.