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.

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

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.

There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's a hold, and at another it's a sell.

And if someone has friends, and he loses everything in spite of that, it's obvious the friends are to blame. For what they did, or for what they didn't do.

What believer of faith among us can claim to understand the exact mechanistic structure of a world created by a god/God.

Action is the highest perfection and drawing forth of the utmost power, vigor, and activity of man's nature.

Today, ... anything you can come up with that works is worth trying.

Try to do for the next generation of church leaders what the previous generation of church leaders has not done for you.

I feel like I am too old to eat jelly. But I am too young to eat prunes. I am between grapes.

For my second and third pictures I won Academy Awards. Nothing worse could have happened to me.

The trick isn't adding stuff, it's taking away.

Don't never participate in no bad scenes, he reminded himself; that was his motto in life.

There's nothing so unattractive as vanity... particularly male vanity.