You only have to do a very few things right in your life so long as you don't do too many things wrong.

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

Always invest for the long term.

It's better to build than to buy if you can find the right people.

The greatest Enemies of the Equity investor are Expenses and Emotions.

When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.