Never risk what you have and need for what we don't have and don't need.

There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.

Investing requires qualities of temperament way more than it requires qualities of intellect.

If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes

The Stock Market is designed to transfer money from the Active to the Patient.

If you don’t feel comfortable making a rough estimate of the asset’s future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn’t necessary; you only need to understand the actions you undertake.