Analysts have always been overly optimistic.

Patience is a crucial but rare investment commodity.

I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'

Psychology is probably the most important factor in the market - and one that is least understood.

Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.

Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.

If you have good stocks and you really know them, you'll make money if you're patient over three years or more.

Favored stocks underperform the market, while out-of-favor companies outperform the market, but the reappraisal often happens slowly, even glacially.

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

Bank One has got one of the best credit card divisions, ... The perception of investors is that financial services stocks are affected by interest rates and they're not.

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

Thinking is a human feature. Will AI someday really think? That's like asking if submarines swim. If you call it swimming then robots will think, yes.

Think on blessings and not curses, beauty not ugliness, health not sickness. Meditate on wealth not poverty, success not failure, grace not disgrace!

Are we truly acting from principle and not from interest? Surely it is at least convenient that for us the two coincide.

The idea that [Jeff Sessions] is the man who is going to end the progress on the drug war makes me want to rip my hair out, every carefully nurtured curl on my head.

It was clear to me that the vulnerable point of the American Grandmaster (Bobby Fischer) was in double-edged, hanging, irrational positions, where he often failed to find a win even in a won position

It is also a victory to know when to retreat.

The exceeding delight we take in talking about ourselves should give us cause to fear that we are giving but very little pleasureto our listeners.

I grew up with two sisters, no brothers. There was Ronny who produced "Happy Days" for me and my sister Penny who acts, directs - she does everything. So they were very strong women in my life.

Every advantage has its disadvantage.

Because you don't notice the light without a bit of shadow. Everything has both dark and light. You have to play with it till you get it exactly right.