The government can reasonably rely on debt ratings when it forms programs to lend money to buyers of otherwise unattractive debt instruments.

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.

Within each of us is a light, awake, encoded in the fibers of our existence. Divine ecstasy is the totality of this marvelous creation experienced in the hearts of humanity

You hold within you a system of values and beliefs

Always fall in with what you're asked to accept.... My aim in life has always been to hold my own with whatever's going. Not against: with.

If you hate me it is because I have morals.

Unreasonable haste is the direct road to error.

The envious will die, but envy never.

The worst part about being married is when you're not connecting. Your partner is going out the door when you're coming in, and you don't have a chance to debrief on the day. That's the worst.

Selfishly I'd like to have invisibility because I've always wanted to go into other people's houses and see what they look like and just watch them interact.

Let wickedness escape as it may at the bar, it never fails of doing justice upon itself; for every guilty person is his own hangman.

'Tis not to make me jealous To say my wife is fair, feeds well, loves company, Is free of speech, sings, plays, and dances well; Where virtue is, these are more virtuous.