Wall Street makes its money on activity. You make your money on inactivity.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

... not doing what we love in the name of greed is very poor management of our lives.

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.

The three most important words in investing...Margin of Safety.

A stock doesn't know that you own it.