To see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC).

Investing isn't about beating others at their game. It's about controlling yourself at your own game.

Successful investing is about managing risk, not avoiding it.

The intelligent investor is a realist who sells to optimists and buys from pessimists.

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

In the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgment are at hand.

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong.

The true investor... will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume.

A great company is not a great investment if you pay too much for the stock.

An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.

But the question is a matter of the survival and the teaching. That's what our work comes down to. No matter where we key into it, it's the same work, just different pieces of ourselves doing it.

Beauty, devoid of grace, is a mere hook without the bait.

The most satisfying project you will ever undertake-and a mark of a complete human being-is to discover how to build a sense of happiness that no one can take away from you.

Only fools repeat the same things over and over, expecting to obtain different results.

Really, at a time when theyre debating when and where a nativity scene can be used, this is the kind of stuff we need to have out there - outside of the church.

The Seinfeld motto: No learning, no hugging

The Australian backyard was once built for tradesmen and outdoor toilets. As suburbs spread, it became a playground and source of pride.

An actor cannot say no, it’s against his job. If he wants the part he has to say yes. [But] it’s very bad for you to say you can do something and then not do it, so you have to manage to do it.

I'm very easy to see on the podium because everyone else is small!

Dads in the family are even more important than women in the workplace. The workplace benefits from women, but the family needs dads.