I cannot fear to be wrong because I never think I'm wrong until I am proven wrong. In fact, I am uncomfortable unless I am capitalizing my experience.

It takes a man a long time to learn all the lessons of all his mistakes.

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

My main life lesson from investing: self-interest is the most powerful force on earth, and can get people to embrace and defend almost anything.

When a man is right he wants to get all that is coming to him for being right.

Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.