Always buy your straw hats in the Winter

A great company is not a great investment if you pay too much for the stock.

Wall Street people learn nothing and forget everything.

The intelligent investor gets interested in big growth stocks not when they are at their most popular - but when something goes wrong.

The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage.

It is absurd to think that the general public can ever make money out of market forecasts.

Evidently stockholders have forgotten more than to look at balance sheets. They have forgotten also that they are owners of a business and not merely owners of a quotation on the stock ticker. It is time, and high time, that the millions of American shareholders turned their eyes from the daily market reports long enough to give some attention to the enterprises themselves of which they are the proprietors, and which exist for their benefit and at their pleasure.