Psychology is probably the most important factor in the market - and one that is least understood.

Patience is a crucial but rare investment commodity.

I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'

Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.

Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.

If you have good stocks and you really know them, you'll make money if you're patient over three years or more.

Favored stocks underperform the market, while out-of-favor companies outperform the market, but the reappraisal often happens slowly, even glacially.

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

Bank One has got one of the best credit card divisions, ... The perception of investors is that financial services stocks are affected by interest rates and they're not.

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms.

A leader does not lose focus because he wants to please his followers.

I think the power of persuasion would be the greatest superpower of all time.

Anger is the poorest of counselors, and revenge is suicide.

Appreciation is an art and a lifestyle and a source of happiness and fulfillment. It's called gratitude-an attitude of gratitude.

I don't stay in the genre because I just like all stories that have a smart hook in them and I can find a comic way through if it's a comedy or a suspenseful way through it if it's a drama.

[Invading Iraq] is not the best way to make a safer world in which the United States would be a responsible partner, but it also goes against the role of law in the United States.

The most familiar precepts are not always the truest.

Perhaps I'll get used to this bizarre place called Hollywood, but I doubt it.

Surprising, I know. Everyone thinks I'm older.

That's what love is made of, snakes, snails, and puppy dog tails, sugar, spice, and everything nice.