The expected never happens; it is the unexpected always.

They offer me neither food nor drink - intellectual nor spiritual consolation... [Conservatism] leads nowhere; it satisfies no ideal; it conforms to no intellectual standard, it is not safe, or calculated to preserve from the spoilers that degree of civilization which we have already attained.

Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.

... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.

When somebody persuades me I am wrong, I change my mind.

The central principle of investment is to go contrary to the general opinion, on the grounds that if everyone agreed about its merits, the investment is inevitably too dear and therefore unattractive.

The power to become habituated to his surroundings is a marked characteristic of mankind.