Don't risk what is important to you, to get what is not important to you.

The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.

We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.

Asset values and earning power are the dominant factors affecting the valuation of a controlling interest in a business. Market price, which governs valuation of minority interest positions, is of little or no importance in valuing a controlling interest.

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

A CEO's behavior has a huge impact on managers down the line.

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.