The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.

Get inside information from the president and you will probably lose half of your money. If you get it from the chairman of the board, you will lose all of it.

The basic skills of math, English and writing are not enough, ... You must develop a basic system of values to form and guide the use of these skills. The true test will not be what you learned in college, but how you used what you learned.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

I’ve got one shot going through this life. I want to make sure I do as much as I can.

There is no such thing as a paper loss. A paper loss is a very real loss.