Focus alone is not enough; putting in the time to commit is also crucial to achieve success.

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.

Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.