We will reject interesting opportunities rather than over-leverage our balance sheet.

Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable should pursue a career in sales, but avoid one in mathematics.

A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.

I can't promise results, but I can promise a common destiny.

Let blockheads read what blockheads wrote.

If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.

If you want to soar like an eagle in life, you can't be flocking with the turkeys.