Successful investing is about having people agree with you ... later.

[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.

Progress is cumulative in science and engineering, but cyclical in finance.

In almost every walk of life, people buy more at lower prices; in the stock market they seem to buy more at higher prices.

Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.

I believe that there is an important kernel of truth in the idea that financial errors recur every other generation.

The Fed can change how things look, not how things are

Credit is money of the mind.

Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.

It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it?

In general, markets know more than the people who write about them.

Generosity creates the higher life. There is no nobler virtue than the care one person shows to another.

You are blood. You are sisters. No man can break that bond.

The question isn't whether you have a good master or a bad master, it's to be your own master. That is the dignity of humanity.

I don't know if the record is going to happen. I don't really think about the record. There are other things I worry about.

I bought a railroad during this period of time.

Learning is a friend on the journey; a wife in the house; medicine in sickness; and religious merit is the only friend after death.

We Christians should be aware that there's something at stake in cultural participation that we wouldn't have been concerned about if all we did was worry about the messages in culture.

We are all quick to point out all the differences but not as willing to accept what bonds us as humans.

Although it is not true that all conservatives are stupid people, it is true that most stupid people are conservative.

My advice is don't keep asking yourself if you can do something. Just get out there and do it. You can really surprise yourself.