Be brave when others are afraid, and afraid when others are brave.

Do not save what is left after spending, but spend what is left after saving.

Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.

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

When you combine ignorance and leverage, you get some pretty interesting results.

If horses had controlled investment decisions, there would have been no auto industry.

In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.