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.

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.

If you want to be lucky, do your homework.

The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.

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.

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

I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.