Never get too hung up on mistakes.

In the great majority of cases we simply do not know enough about the industry or company to come to sensible judgments-in that situation we pass.

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

If you get to my age in life and nobody thinks well of you, I don't care how big your bank account is, your life is a disaster.

A hyperactive stock market is the pickpocket of enterprise.

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.

Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.