To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.

You must never delude yourself into thinking that you're investing when you're speculating.

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.

Every corporate security may be best viewed, in the first instance, as an ownership interest in, or a claim against, a specific business enterprise.

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.

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

Both individual skill (art) and chance are important factors in determining success or failure.