We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.

Let blockheads read what blockheads wrote.

If you don't know the Jewelry, know the Jeweller

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

Earnings can be pliable as putty when a charlatan heads the company reporting them.

Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.

I am a better investor because I am a businessman, and a better businessman because I am no investor.