People should be highly sceptical of anyone's including their own, ability to predict the future, and instead pursue strategies that can survive whatever may occur.

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.

Skathis might have been an artist, but he'd been a vile one. Strange the dreamer was an artist, too, and he was the antidote to vile.

Marriage is when two people are joined together to become one desperately boring person.

Cigarettes are pretty much my worst vice, and I even stopped smoking for 20 years. I spend most of my free time with my family and working on art.

Virginians were nice, they confided to each other, if caught singly. Two Virginians, of course, talked horses.

The moon looks upon many night flowers; the night flowers see but one moon.

Well, I stopped drinking. That was actually a big deal. I didn't go through any harrowing rock-bottom experience. I just made a decision to stop drinking.

If your opponent offers you a draw, try to work out why he thinks he's worse off

Filmmaking in general is just really where I'm putting all of my energy.

The mind is never right but when it is at peace within itself.

It is difficult to make our material condition better by the best law, but it is easy enough to ruin it by bad laws.