Well, it may be all right in practice, but it will never work in theory

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

I made my first investment at age eleven. I was wasting my life up until then.

An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

Enjoy your work and work for whom you admire.