Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man's reasoning powers. Beware of barbers, beauticians, waiters - or anyone - bringing gifts of 'inside' information or tips. Don't try to be a jack of all investment. Stick to the field you know best.

Never follow the crowd.

Never play tips from "insiders." They can't see the forest for the trees.

The longer I operated on Wall Street the more distrustful I became of tips and inside information of every kind. Given time, I believe that inside information can break the Bank of England

Age is only a number, a cipher for the records. A man can't retire his experience. He must use it. Experience achieves more with less energy and time.

Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.

Let us not deceive ourselves; we must elect world peace or world destruction.