I am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.

Lethargy, bordering on sloth should remain the cornerstone of an investment style.

You can lose leverage, and it's the only way a smart guy can go broke.

If at first you do succeed, quit trying on investing.

Investing is forgoing consumption now in order to have the ability to consume more at a later date.

People do, as long as you have markets, you'll have excesses.

My favorite time frame for holding a stock is forever.