Counting our blessings can transform melancholy into cheerful mass; laughter and joy are expressions of praise and thanksgiving for life's glories. When looking at the glass that symbolizes our life, we can view it as half full or half empty. The choice is ours... The more joyful we are, the more attractive we become. When we feel gratitude for our experiences, it becomes easier to see the good that always exists. When we give a smile to someone else, we are likely to receive one in return, and that smile reflects a happy heart that is open and receptive to what the good life has in store.

The other boys at Yale came from wealthy families, and none of them were investing outside the United States, and I thought, 'That is very egotistical. Why be so shortsighted or near-sighted as to focus only on America? Shouldn't you be more open-minded?'

Success is a process of continually seeking answers to new questions.

You must be a fundamentalist to be really successful in the market.

There will always be bull markets followed by bear markets followed by bull markets

Sell a stock only when you have found a new stock that is a 50% better bargain than the one that you hold.

See the investment world as an ocean and buy where you get the most value for your money. Right now the value is in non-callable bonds. Most bonds are callable so when they start going up in price, the debtor calls them away from you. But the non-callable bonds, especially those non-callable for 25-30 years, can go way up in price if interest rates go way down.