The cost of performing well in bad times can be relative underperformance in good times.

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.

Deadlines just aren't real to me until I'm staring one in the face.

When I am happy and when I really focus, I can! Whatever I dream of with my thoughts becomes a part of my world, my plan.”Deetkatu, See the Little People…An Enchanting Adventure

If we don't discipline ourselves, the world will do it for us.

To enjoy freedom we have to control ourselves.

In some small field each child should attain, within the limited range of its experience and observation, the power to draw a justly limited inference from observed facts.

I don't like theorizing about my work myself, but that's not to say I have no interest in theory. Other people are free to say what they want about my work.

Eternal Inner Peace has to be cultivated daily.

It is the chief value of legend to mix up the centuries while preserving the sentiment.

Avoid taking a definite stand on great public issues either in the Senate or before the people. Bend your energies towards making friends of key men in all classes of voters.

Those who determine not to put self to death will never see the will of God fulfilled in their lives.