Typically, we make money when we buy things. We count the profits later, but we know we have captured them when we buy the bargain.

Because investors are not usually penalized for adhering to conventional practices, doing so is the less professionally risky strategy, even though it virtually guarantees against superior performance.

Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.

Short sellers age in dog years.

It turns out that value investing is something that is in your blood. There are people who just don't have the patience and discipline to do it, and there are people who do. So it leads me to think it's genetic.

Value investing is at its core the marriage of a contrarian streak and a calculator.

Do not suffer interim losses, relish and appreciate them