The real key to making money in stocks is not to get scared out of them.

In the summer of 1990, I was buying stocks and I was probably three or four months early there. But we had a great rally in 1991.

When even the analysts are bored, it's time to start buying.

I don't go near the money and the money doesn't go near me.

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.

Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.

If you go to Minnesota in January, you should know that it's gonna be cold. You don't panic when the thermometer falls below zero.