Having clients with a long-term orientation is crucial. Nothing else is as important to the success of an investment firm.

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.

The media's job is not to inform you

All men seek one goal: success or happiness.

A chance, as a coach, to take a team to the World Cup finals is probably as high up the tree as it gets, certainly with one-day cricket.

Kundalini is generated through cultivating humility, purity, through meditation, selfless giving, and by studying with an advanced teacher on a personal level.

I believe - deeply and profoundly - that speculation is a loser's game.

An ignorance of Marx is as frequent among Marxists as an ignorance of Christ is among Catholics.

I want to be one who has to throw the big game.

Seventy percent of what I write, I throw out. I can write very easily, but writing original things is the hard bit.

Supervision is an opportunity to bring someone back to their own mind, to show them how good they can be.

Some people are just born wack, you can't teach certain wackness.