Rarely do more than three or four variables really count. Everything else is noise.

If I learn 1,000 techniques with my luck I'll go out on the street and be attacked by number 1,001.

Diversification is a surrogate - and a damn poor surrogate - for knowledge, elements of control, and priceconsciousness.

Based on my own personal experience – both as an investor in recent years and an expert witness in years past – rarely do more than three or four variables really count. Everything else is noise.

We ignore outlooks and forecasts... we're lousy at it and we admit it ... everyone else is lousy too, but most people won't admit it.

In the financial world it tends to be misleading to state, "There is no free lunch." Rather the more meaningful comment is, "Somebody has to pay for lunch."

We attracted a lot of market timers and asset allocators. I don't need those ... amateurs in my fund.

Don't worry about the future, sooner or later it's the past. If they say the feeling's gone then it's time to take it back.

What if the drive to survive was a form of faith, a form of prayer?

Impossible is what you say to yourself when you have given up.

In order to win a man to your cause, you must first reach his heart, the great high road to his reason.

Obedience is the key that opens every door.

You cannot grow a beard in a moment of passion.

All discussion of the ultimate nature of things must necessarily be barren unless we have some extraneous standards against which to compare them.

How many have seen that Osama bin Laden footage? Pretty scary. In fact, today, NBC ordered 13 more episodes.

It's hot on my block, somebody turn the fan on I've been paid, I'm just tryin to turn my mans on.

Well, in Colombia everybody's very voluptuous, and you're supposed to be. You don't want to be skinny when all of your cousins are mermaids. You grow up thinking that's how beauty is.