If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.

We can be blind to the obvious, and we are also blind to our blindness.

The amount of success it takes for leaders to become overconfident isn't terribly large.

It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you.

Many people will admit that they made a mistake [putting money in dot-coms or telecoms at their peak] But that doesn’t mean that they’ve changed their mind about anything in particular. It doesn’t mean that they are now able to avoid that mistake.

Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.

Laziness is built deep into our nature.