You find bargains among the unpopular things, the things that everybody hates. The key is that you must have patience.

Why will someone sell you a dollar for 50 cents? Because in the short run, people are irrational on both the optimistic and pessimistic side.

When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual circumstances.

There is almost always a major blip for whatever reason and we have learnt to expect it and not to panic.

The most important attribute for success in value investing is patience, patience, and more patience. The majority of investors do not possess this characteristic.

The company must be paying dividends. Preferably the dividend will have been increasing and have been paid for some time.

The share price must be less than book value. Preferably it will be less than net working capital less long term debt.

Protect the downside. Worry about the margin of safety.

Sooner or later, the market will do what it has to do to prove the majority wrong.

If it is cheap enough, we don't care what it is.

All we try to do is buy a dollar for 40 cents.

We can heal. Perhaps we can return to that same place we once stood, when we were both young and innocent.

Innovation and disruption are the hallmarks of the technology world, and hardly a moment passes when we are not thinking, doing, or talking about these topics.

To some degree Satanism is purely a kind of disease of Christianity. You've got to really be Christian to believe in Satan.

Once I slow down because I think I have reached my peak, then my skills will go nowhere but down

There may be some changes in building codes, but I don't see any stylistic departure that you'll be able to attribute to Sept. 11.

My New Years Resolution is to find the calm in the chaos. Practicing yoga is one of the greatest gifts you can give yourself. It's where you connect mind, body and spirit.

But he hated to be sober. It made him conscious of the people around him, of that air of struggle, of greedy ambition, of hope more sordid than despair, of incessant passage up or down.

Meditation provides a way of learning how to let go. As we sit, the self we've been trying to construct and make into a nice, neat package continues to unravel.

A writer who has published as many books as I have has developed, of necessity, a hide like a rhino's, while inside there dwells a frail, hopeful butterfly of a spirit.

My eight-year-old bought a bicycle with the money he saved by not smoking.