Basically, we try to buy value expressed in the differential between its price and what we think its worth.

Timidity prompted by past failures causes investors to miss the most important bull markets.

Make sure you have the courage to stay true to your convictions and not let the market affect your emotions.

I was in Graham's office the day he bought GEICO. Warren owns one-third of the stock today.

Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.

Warren is a very good judge of people and he's a very good judge of businesses.

Managements, you know, often think of themselves.