While knowing how to value businesses is essential for investment success, the first and perhaps most important step in the investment process is knowing where to look for opportunities

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 secret of all the great men and women in history is that they converted their time into tangible products.

All human happiness revolves around love. Love is central to the bonds on which a family is built.

This is the difference time createsWe bleed our misbehaviorAnd in silent prayer, repentIt is only necessary that we fall away againInto love

Gratitude is not something idyllic that comes when all good things line up to be counted. Gratitude is there all the time waiting to be focused on.

Many things that I have accomplished in my life were not because I knew they would make me happy, but because it made my enemies unhappy.

Collaboration is not an absolute good.

There was another guy suggested. He was a tall and dark-haired and Jewy, and I said, "No, he's too close to me." It ended up being Jerry Seinfeld.

Women and men have to fight together to change society - and both will benefit.

Short of nuclear war itself, population growth is the gravest issue the world faces. If we do not act, the problem will be solved by famine, riots, insurrection and war.

I'm only me when I'm with you.