History teaches that when valuations are extreme, "mean reversion," a move towards historical norms, is likely. Once value stocks turn, the recovery can be fast and intense.

The best investment opportunities are often scary.

Many investors prefer comfort, chasing what is popular and loved, rather than pursuing what is out of favor. The markets do not reward comfort.

The most treasured asset in investment management is a steady hand at the tiller.

Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Successful contrarian investing requires us to live with discomfort, for being "wrong" and alone. But bargains do not exist in the absence of fear.

Design a portfolio you are not likely to trade... akin to premarital counseling advice; try to build a portfolio that you can live with for a long, long time.

Whatever is cheap became cheap by treating us badly in the past, but is priced to deliver superior returns.

Diversify. But carve out 10 to 20 percent for the most unloved part of the market: emerging markets value.

The National Socialist Movement has wrought this miracle. If Almighty God granted success to this work, then the Party was His instrument.

You have to be a warrior and say, "Maybe it's everyone else's system, but it's not mine." (from her recent interview here, on Goodreads)

I've taught Sunday school, I've sung in the choir, I directed a choir.

Miracles have a purpose. Miracles help people believe in enlightenment. The real miracle is the transformation of consciousness from limitation and pain to enlightenment and ecstasy.

Late in his life, that's another matter, [Adolf Hitler] was not the same man in 1944 and he was, say, in 1934.

Human society is a ceaseless growth, and unfoldment in terms of spirituality.

Fear is the greatest form of oppression. The best way to rise up in protest is to live your life to its fullest!

Nadal's the best player in history on [clay], and he is one of the best-ever players that played this game.

When you ask a person to jump, his attention is mostly directed toward the act of jumping and the mask falls so that the real person appears.

Every boy should have two things: a dog and a mother who lets him have one