Lady Luck smiles on those who continue their efforts

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.

Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.

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

The City of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who produce real goods in charge – the farmers and the miners.

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... 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 wait for a situation that is like the proverbial "shooting fish in a barrel."

If anybody laughs at your idea, view it as a sign of potential success!