Understanding the value of a security and whether it's trading above or below that value is the difference between investing and speculating.

Volatility in the up direction is not a problem-it's only downward volatility that offers discourse.

Innate human tendencies were meant to help us survive the wilderness, not make investment decisions.

For every transaction, there is someone willing to buy and someone willing to sell at an agreed price, both believing that it's good value and that the counterparty is a little crazy.

Fear is an emotion, not a stock indicator.

What the efficient market hypothesis doesn't account for is that people are not always rational. Just ask any divorce lawyer.

The more you hide, the higher the walls around you gets. The more you cry in silence, the thicker it becomes.

Heaven is huge. It’s a world. It’s not a flat place in the clouds with billowing fabric blowing around and baby angels sitting on clouds, dropping grapes in your mouth.

It was a train full of strangers, and they were all the same.

When you pursue great flavor, you also pursue great ecology.

It is really important to have an obsessive need to construct something, to understand something from your own experience.

Incompetents invariably make trouble for people other than themselves.

To see my wife getting inspired from my notes and thoughts, going in the direction I wanted, and have her surprise me with wonderful choices was a real treat.

It is not always sorrow that opens the fountains of the eyes.

You never get tired of the buzz of touring.

Humble we must be, if to heaven we go; High is the roof there, but the gate is low.