We always live in an uncertain world. What is certain is that the United States will go forward over time.

When people talk about cash being king, it's not king if it just sits there and never does anything.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

The trick is, when there is nothing to do, do nothing.

You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.

The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.

Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements.