Macro worries are like sports talk radio. Everyone has a good opinion which probably means that none of them are good.

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.

May you have the courage to conquer any circumstance.

If you crack a joke right now I swear I will knee you in the junk.

Life is more than love and pleasure, I came to dig for treasure.If you want to play, you gotta pay, You know it's always been that wayWe all came digging for treasure.

There's a reason hobble skirts are called hobble skirts. You literally can't move very far in them.

It is a good and safe rule to sojourn in every place as if you meant to spend your life there, never omitting an opportunity of doing a kindness, or speaking a true word, or making a friend.

Some people think prayer stops bullets or rockets or land mines. It doesn't. That's magic, that's not God. Sometimes, you're just in the wrong place at the wrong time.

Happiness is a vine that takes root and grows within the heart, never outside it.

One little lie or dishonest act leads to another until the perpetrator is caught in the web of deceit.

"Heresy," by the way, simply means "choice." It came to mean "thoughtcrime," implying it was blasphemy to presume to choose your own belief instead of swallowing what the bishops spoonfed you.