Life is like a snowball. The important thing is finding wet snow and a really long hill.
Nothing is so difficult as not deceiving oneself.
To make money in the markets, you have to think independently and be humble.
You have to be constantly reinventing yourself and investing in the future.
Markets can remain irrational longer than you can remain solvent.
It is better to be roughly right than precisely wrong.
Know what you own, and know why you own it.
Everyone has the brain power to make money in stocks. Not everyone has the stomach.
Nobody can predict interest rates, the future direction of the economy or the stock market. Dismiss all such forecasts and concentrate on what’s actually happening to the companies in which you’ve invested.
An important key to investing is to remember that stocks are not lottery tickets.
Invest in what you know.
The way to make money is to buy when blood is running in the streets.
Giving should be entered into in just the same way as investing. Giving is investing.
I’m investing in myself, I’m investing in others and I’m investing in my cause. I know if I persist it will pay back in dividends and it always does.
Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.
Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.
The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies.
Individuals who cannot master their emotions are ill-suited to profit from the investment process.
The intelligent investor is a realist who sells to optimists and buys from pessimists.
Successful investing is about managing risk, not avoiding it.