A value strategy is of little use to the impatient investor since it usually takes time to pay off.

The single greatest edge an investor can have is a long-term orientation.

Value investing is at its core the marriage of a contrarian streak and a calculator.

Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.

The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.

In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.

Investment success cannot be captured in a mathematical equation or a computer program.

Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient

The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, there is probably much worth selling.

As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.

The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent.

I was taught to deceive by a great deceiver. Jenny will embrace me as a good man. Just as you did...before tonight.

A stale mind is the devil's breadbox.

Texting is a lot like an answering machine. If you don't want to talk to somebody, it's like screening your calls. To me, it's a way of communication, but not one that I favor.

Heather knows why and when her marriage ended with Richie and she knows why my marriage ended with Charlie.

It is not his possession of knowledge, of irrefutable truth, that makes the man of science, but his persistent and recklessly critical quest for truth.

Perhaps the reassuring thing about grieving is that the process will not be cheated.

I have some speakers up here, thank God, because last night I didn't have them and I was telling jokes and I had no idea which joke I was telling. So I told jokes twice. I even told that one twice.

An evangelizer must never look like someone who has just come back from a funeral.

Death belongs to life as birth does The walk is in the raising of the foot as in the laying of it down

There is something infinitely healing in the repeated refrains of nature.