For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

Honesty is a very expensive gift, Don't expect it from cheap people.

It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.

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.

Nothing sedates rationality like large doses of effortless money.

An investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.

In the business world, the rearview mirror is always clearer than the windshield.