The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Trust is like the air we breathe--when it's present, nobody really notices; when it's absent, everybody notices.

Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.

It is impossible to unsign a contract, so do all your thinking before you sign.

Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?

To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.