Be aware of the level of the stock market. Are yields low and PE ratios high?

Ben's emphasis was on protecting his expectation of profit with minimum risk.

Try not to let your emotions affect your judgement.

When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!

A lot of companies have lots of assets tied up in plant and equipment. Well, is it old plant, or is it new plant?

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

One of the tricks of this business is, keep your losses down.