When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

You can't produce a baby in one month by getting nine women pregnant.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

The investor of today does not profit from yesterday's growth.

The advice "you never go broke taking a profit" is foolish.

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.

If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?