I’m lucky to have the kind of life where the differentiation between work and play is absolutely zilch. I have no idea whether I’m working or whether I’m playing.

You find bargains among the unpopular things, the things that everybody hates. The key is that you must have patience.

Why will someone sell you a dollar for 50 cents? Because in the short run, people are irrational on both the optimistic and pessimistic side.

When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual circumstances.

There is almost always a major blip for whatever reason and we have learnt to expect it and not to panic.

The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess this characteristic.

The company must be paying dividends. Preferably the dividend will have been increasing and have been paid for some time.

The share price must be less than book value. Preferably it will be less than net working capital less long term debt.

Protect the downside. Worry about the margin of safety.

Sooner or later, the market will do what it has to do to prove the majority wrong.

If it is cheap enough, we don't care what it is.

Your spouse is not a possession you attain, but a friend in which you trust & adore.

Pain is a part of life. I hated that fact. I would be much happier without it but then it wouldn't be my life.

...the women of this nation in 1876, have greater cause for discontent, rebellion and revolution than the men of 1776.

Strong men greet war tempest hard times. They wish as Pindar said to tread the floors of hell with necessities as hard as iron.

My personal taste doesn't enter into it a lot when I make my decisions as to what to parody.

I think an artist is anybody who does something well, like if you cook well.

And I've been hurt hurt bad. I might be just twenty-six, but I'm an old woman in disguise twenty-six goin'on sixty-five.

There is one right I would not grant anyone. And that is the right to be indifferent.

Yes! in the sea of life enisled, With echoing straits between us thrown, Dotting the shoreless watery wild, We mortal millions live alone.

When I was in London for The Brits recently I read that I had asked for a Jacuzzi in the dressing room - how ridiculous is that?