If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.

Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.

People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

My favorite time frame for holding a stock is forever.

Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.

If you buy things you do not need, soon you will have to sell things you need.

I think the Congress will do the right thing. I think that they've - you know, they got into certain arguments and they start worrying about assessing blame, and there is a little demagoguery, but in the end, something this important, they'll do the right thing. So this really is an economic Pearl Harbor. That sounds melodramatic, but I've never used that phrase before. And this really is one.