I find value investing to be a stimulating, intellectually challenging, ever changing, and financially rewarding discipline

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.

Some of us get dipped in flat, some in satin, some in gloss...." He turned to me. "But every once in a while, you find someone who's iridescent, and when you do, nothing will ever compare.

Do not let the roles you play in life make you forget who you are.

Marriage is a fine institution, but I'm not ready for an institution.

In music the passions enjoy themselves.

Give me the waters of Lethe that numb the heart, if they exist, I will still not have the power to forget you.

I am aware that America is and must always be a land of freedom including freedom of speech. But there is a right time and place for everything

Out-of-control emotions can make smart people stupid.

People get so upset about lyrics, and they're probably totally cool with horror movies. That doesn't really make sense.

The solution is to ignore the bad habit and put your energy toward building a new habit that will override the old one.

I write because I write - as anyone in the arts does. You're a painter because you feel you have no choice but to paint. You're a writer because this is what you do.