You just don't know when you can find the bottom.

When management owns stock, then rewarding the shareholders becomes a first priority, whereas when management simply collects a paycheck, then increasing salaries becomes a first priority.

All the math you need in the stock market you get in the fourth grade.

You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.

Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.

The more cash that builds up in the treasury, the greater the pressure to piss it away.