It's nonsensical to derive a price/earnings ratio by dividing the known current price by unknown future earnings.

Investing isn't about beating others at their game. It's about controlling yourself at your own game.

Successful investing is about managing risk, not avoiding it.

The intelligent investor is a realist who sells to optimists and buys from pessimists.

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

In the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgment are at hand.

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.

The true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume.

A great company is not a great investment if you pay too much for the stock.

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.

The course of true love never did run smooth said by lysander

Because when he sings...even the birds stop to listen.

Women’s fiction” doesn’t sound like anything but a slur to my ears.

...the self-satisfied dogmatism with which mankind at each period of its history cherishes the delusion of the finality of existing modes of knowledge.

Henry turned his hat in his hands but went on looking at Diana in a way that made her want to crawl into his arms and stay there forever.

Pride is one of the seven deadly sins; but it cannot be the pride of a mother in her children, for that is a compound of two cardinal virtues - faith and hope.

To fight monsters, we created monsters of our own.

I want to be around people smart enough to know God created the heavens and the earth.

Work for the fun of it, and the money will arrive some day.

I tell my boys not to play rough with their younger sister. I try to teach them what I know already: You're never going to win an argument with a girl, so just let her have what she wants!