Value investing is risk aversion.

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 Devil hath powerTo assume a pleasing shape.

Let us never forget that the greatest man is never more than an animal disguised as a god.

Through patience and certainty, leadership in the religion is obtained.

If you don't love acting more than anything else, don't do it. It's not a normal life. It will take you away from your family, friends and life in general.

Do not compare yourself to others. You have a unique destiny and mission that only you can accomplish.

Imitation is for shirkers, like-minded-ness for the comfort lovers, unifying for the creators.

It won't hurt, said her other father. Coraline knew that when grown-ups told you something wouldn't hurt it almost always did. She shook her head.

Even if we stand at the very summit of virtue, it is by mercy that we shall be saved.

If you look at the whole thing, I think the most gratifying thing is my kids, without a doubt.

I have become the poster child for calling all the Trump people racists, when, in fact, I don't think they're all racists, but they tolerated racism. And that's a problem.