The real secret to investing is that there is no secret to investing.

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.

The nice part about being a pessimist is that you are constantly being either proven right or pleasantly surprised.

Strength is not something you have, it's something you find.

The Indian criminal justice system was a market like garbage, Abdul now understood. Innocence and guilt could be bought and sold like a kilo of polyurethane bags.

Nothing arouses ambition so much as the trumpet clang of another's fame.

In 50 years, no one will care about the fiscal cliff or the Euro crisis. They'll just ask, "So the Arctic melted, and then what did you do?"

It was just the two of us, inside there with just mirrors, all the way around us. Everywhere we looked, there were these two freaks, sitting at a table, eyeballing each other.

I have an excuse to show off my love of history, and my interest in cosmology.

A scab'd horse cannot abide the comb.

Stop comparing yourself to other people; you are an original. We are all different and it's okay.

When a man marries a widow his jealousies revert to the past: no man is as good as his wife says her first husband was