The first loss is the best loss.

Commodities tend to zig when the equity markets zag.

You will never get anywhere if you do not do your homework.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

I cannot invest the way I want the world to be; I have to invest the way the world is.

Most successful investors, in fact, do nothing most of the time.

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

If you want to make a lot of money, resist diversification.

Sometimes you need to fight your demons yet, sometimes you just need to embrace them.

Great risks could be undertaken only after great preparation.

History doesn't always move in a straight line. Sometimes it zigs and zags.

Never settle for anything less than your best.

Horses are a mirror of who you are. They're emotionally dependent on you.

Do we really need more romance attached to the act of blowing people away?

The thing that cracks me up is how these reality characters start out thrilled and excited just to be on television, and how they move to thinking they are as big as the Friends.

There is no limit to your creative power.

Quality without science and research is absurd. You can't make inferences that something works when you have 60 percent missing data.

Sydney: I like Latin. It's fun. Eddie: I can't believe you think we're the strange ones.