If I plug my estimates into the Magic Formula, and it comes out cheap, that's good.

Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.

The secret to investing is to figure out the value of something - and then pay a lot less.

Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term.

The more confidence I have in each one of my stock picks, the fewer companies I need to own in my portfolio to feel comfortable.

Look down, not up, when making your initial investment decision. If you don’t lose money, most of the remaining alternatives are good ones.

Remember, it’s the quality of your ideas not the quantity that will result in the big money.

Figure out what something is worth and pay a lot less.

If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains greatly increases.

I wait until an investment idea is so good, it hits me over the head like an anvil.

I think the exercise of trying to figure out how to simplify concepts has been incredibly helpful to me over the last 13 years of teaching and I hope my students have benefited from it.

Maybe you’re not breaking down.Maybe you’re breaking through.

When you forgive, you immerse yourself in healing waters.

Balance is balancing.

Be pupils of the masses as well as their teachers.

I didn't go to the right schools, didn't come from a well-known family, nor was I even remotely connected to a powerful publishing dynasty.

To walk across the street is a risk.

I don't think that old-fashioned idea of record companies exists any more.

There are no more barbershop quartets wearing boaters, even though I still like them. Life goes on.

Marriage is better than leprosy only because it's easier to get rid of.

I like David Beckham just because of his lifestyle. He don't ever need to score another goal again. How many times has he been on the cover of GQ?