When people discover they are no good at baseball or hockey, they put away their bats and their skates and they take up amateur golf or stamp collecting or gardening. But when people discover they are no good at picking stocks, they are likely to continue to do it anyway.

I spend about fifteen minutes a year on economic analysis.

My method for picking stocks has never changed. When businesses go from crappy to semicrappy, there's money to be made.

There are substantial rewards for adopting a regular routine of investing and following it no matter what, and additional rewards for buying more shares when most investors are scared into selling.

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.

In business, competition is never as healthy as total domination.

If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes