Excess capacity in people, machines, or property will be quickly absorbed.

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.

Love fades, mine has.~Dimitri Belikov~

I understand. I know about the women gathering at Lourdes, the visits worldwide. You are all staying at the chateau. There are no accidents, ” Lilli said.

The greatest skeptic must now admit that the land and sea-borne trade of India had given her a world-wide fame not only for her gold, spices and silk, but for her religions and philosophies also.

I made a mental note to watch which bottle became empty soonest, sometimes a more telling evaluation system than any other.

An actor needs to be not remotely anywhere close to in control, and a filmmaker has to be totally in control.

Even though you're a member of the wrong party, you've got some great ideas.

I was married for 30 years. Isn't that enough? I've had my share of dirty underwear on the floor.

From what I understand about Shakespeare - which isn't a lot - there was no copyright law when he was writing. He sampled at will, and it wasn't seen as a bad thing.

I am a mom as well as a senator!

Skills make you rich, not theories.