I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

It's a lot easier to buy things than it is to sell them.

Sound investing can make you very wealthy if you're not in too big a hurry

Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.

Whatever you like to do, make it a hobby and whatever the world likes to do, make it a business.