Inactivity strikes us as intelligent behavior.

It's better to build than to buy if you can find the right people.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.

You don't need to be an expert in order to achieve satisfactory investment returns. But if you aren't, you must recognize your limitations and follow a course certain to work reasonably well. Keep things simple and don't swing for the fences.

Risk comes from not knowing what you're doing.