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

I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.

I always invest in companies an idiot could run, because one day one will.

I like to buy things I can understand. I do a lot of research on things.

Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

Buy a business, don't rent stocks.