Don't depend on recent or current figures to forecast future prices; remember that many others knew them before you did

I'm at the stage in life where I get a lot of pleasure out of finding a cheap stock.

I stopped wasting time on what [other] people claimed a stock was worth and started looking at the numbers.

Don't depend on recent or current figures to forecast future prices; remember that many others knew them before you did

This may surprise you, but there were a large number of valuable buys during the Depression.

Real investors should never feel bearish because the time to buy value is when markets go down!

Investors have no reason to feel bearish. True value investors are glad the markets are down.