Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.

A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.

What's nice about investing is you don't have to swing at every pitch.

Do not put all your eggs in one basket.

I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.

A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.