The greater the potential for reward in the value portfolio, the less risk there is.

Charlie and I have a number of filters that things have to get through before we'll think about them.

People will always try to stop you from doing the right thing if it is unconventional.

A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.

We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

...I will give you two pieces of advice. Invest as much in yourself as you can; you are your own best asset by far. Then follow your passion; you want to be really excited to get out of bed every morning.