Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.

Commodities tend to zig when the equity markets zag.

You will never get anywhere if you do not do your homework.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

I cannot invest the way I want the world to be; I have to invest the way the world is.

Most successful investors, in fact, do nothing most of the time.

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

If you want to make a lot of money, resist diversification.

Writing is a job, a talent, but it's also the place to go in your head. It is the imaginary friend you drink your tea with in the afternoon.

Parameters are the things you bounce off to create art.

It was the possibility of darkness that made the day seem so bright.

A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.

I couldn't ignore the fact that it felt good. So. Very. Good. To be held, in bed, in the arms of a tall, strong, handsome man.

It is difficult to believe that a true gentleman will ever become a gamester, a libertine, or a sot.

Fascists divide in two categories: the fascists and the anti-fascists

See technology used to be our friends. But now, nobody is quite so sure.

Cannery Row in Monterey in California is a poem, a stink, a grating noise, a quality of light, a tone, a habit, a nostalgia, a dream.

I am pleased to be praised by a man so praised as you, father. [Words used by Hector.] [Lat., Laetus sum Laudari me abs te, pater, laudato viro.]