Generally, the greater the stigma or revulsion, the better the bargain.

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.

(Art is) the residue of vision.

In New York, after that famous home run, they expected me to be up there every year. That homer raised me to a high level, with the top guys in the game.

Developing personal power includes learning not to negotiate your self-worth for the sake of someone else or sell yourself short for a job.

To praise great actions with sincerity may be said to be taking part in them.

I'm trying to earn a living in the way that is most enjoyable to me. I love the world of literature, and I hope to support myself in it.

Life does not give itself to one who tries to keep all its advantages at once. I have often thought morality may perhaps consist solely in the courage of making a choice.

One of the things Wall Street does not like is ambiguity. Now that the agreement is there, it begins to make the future look a little less cloudy, and that's positively received by Wall Street.

He didn't take her breath away. Maybe the opposite. But that was okay-that was really good, actually, to be near someone who filled your lungs with air.

Girlfriends, indeed: the anti-video game.

Being part of a community with a church at its centre and singin' hymns is a great thing to do.