The balance between confidence and humility is best learned through extensive experience and mistakes.

Good investing is a peculiar balance between the conviction to follow your ideas and the flexibility to recognize when you have made a mistake.

A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility.

You have to be intellectually honest with yourself and others. In my judgment, all great investors are seekers of truth.

Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors. When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks.

The hardest thing over the years has been having the courage to go against the dominant wisdom of the time, to have a view that is at variance with the present consensus and bet that view.

Part of my attraction to ancient art is that there is an element of risk, of speculation.