Investing is forgoing consumption now in order to have the ability to consume more at a later date.

I am a better investor because I am a businessman, and a better businessman because I am no investor.

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy.

If I got a chance to take one percent of the deal either way, I would make that bet.

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.

Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.