SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.

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

An investor should act as though he had a lifetime decision card with just twenty punches on it.

I've often felt there might be more to be gained by studying business failures than business successes.

... not doing what we love in the name of greed is very poor management of our lives.