Sometimes buying early on the way down looks like being wrong, but it isn't.

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.

The seething rage that accompanies the truly despondent, effaces the delusional that mock from the safety of their shared illusion.

You know, Emily was a selfish old woman in her way. She was very generous, but she always wanted a return. She never let people forget what she had done for them - and, that way she missed love.

If it's the Psychic Network why do they need a phone number?

In terms of level of difficulty, it would go comedy, thriller, and then romantic drama.

When people disagree with you, what you ultimately have to do is persuade people to agree with you - period.

We gotta get out while we're young, 'cause tramps like us, baby we were born to run.

Where are the women? The women are here.

Nothing, indeed, but the possession of some power can with any certainty discover what at the bottom is the true character of any man.

Life's just a merry-go-round. Come on up. You might get a brass ring.

My coach has said to me, "When you win a match or a tournament, you don't even think about it - the very next minute you're like".