Curiosity is the engine of civilisation

You find bargains among the unpopular things, the things that everybody hates. The key is that you must have patience.

Why will someone sell you a dollar for 50 cents? Because in the short run, people are irrational on both the optimistic and pessimistic side.

When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual circumstances.

There is almost always a major blip for whatever reason and we have learnt to expect it and not to panic.

The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess this characteristic.

The company must be paying dividends. Preferably the dividend will have been increasing and have been paid for some time.

The share price must be less than book value. Preferably it will be less than net working capital less long term debt.

Protect the downside. Worry about the margin of safety.

Sooner or later, the market will do what it has to do to prove the majority wrong.

If it is cheap enough, we don't care what it is.

Mulling this over, Vlad wiped her lip gloss from his lips with the back of his hand.Vampires, after all, didn't sparkle.

When we lose one blessing, another is often most unexpectedly given in its place.

The closest thing to being cared for is to care for someone else.

When you learn to say yes to yourself, you will be able to say no to others, with love.

We owe the world an encounter with God

Desire is a pain which seeks easement through possession.

Who invented political tolerance? The English invented it, it's something which has taken roots with some difficulty in Scottish politics.

I love thongs. The day they were invented, sunshine broke through the clouds.

Words on the page are never prisoners of the page

Remember this well. There are two kind of fights. As long as we place ourselves in battle, we must always know the difference: fights to defend life... and fights to defend pride.