I made my first investment at age eleven. I was wasting my life up until then.

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.

Nevertheless, as circumstances presently appear, I feel substantially greater size is more likely to harm future results than to help them. This might not be true for my own personal results, but it is likely to be true for your results.

Be brave when others are afraid, and afraid when others are brave.

Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements.

My idea of a group decision is to look in the mirror.