If you buy the things you don't need, you will soon be selling the things that you need.

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

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

Wide diversification is only required when investors do not understand what they are doing.

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

The thing to do is to keep your mind when the world around you is losing theirs.