Investment success cannot be captured in a mathematical equation or a computer program.

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.

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.

There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's a hold, and at another it's a sell.

When our government is spoken of as some menacing, threatening, foreign entity, it ignores the fact that in our democracy, government is us

I live on the beautiful Northern California coast. I have always loved hiking, whale watching and being outdoors.

There's nothing worse than a good video and good song, and you see a band and hate them because they can't perform. That's wack.

My whole thing is to entertain, make people laugh and to forget about the real world for awhile.

If one is strong, one loves the more strongly.

Watching Fox, that's like watching the Cartoon Network. Fox is nuts.

Nobody in this world possesses absolute truth.

I can't live without you or with you.

I wish I could give you a lot of advice, based on my experience of winning political debates. But I don't have that experience. My only experience is at losing them.

It's not necessarily that satisfying getting monetary success, but sometimes it keeps the door open to make what you want to make.