Our favorite holding period is forever.

What we learn from history is that people don't learn from history.

The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.

The dumbest reason in the world to buy a stock is because it's going up.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.