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

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

An investor calculates what a stock is worth, based on the value of its businesses.

An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd.

To see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC).

The most striking thing about Graham's discussion of how to allocate your assets between stocks and bonds is that he never mentions the word "age".

To enjoy a reasonable chance for continued better than average results, the investor must follow policies which are (1) inherently sound and promising, and (2) not popular on Wall Street.