We have three baskets for investing: yes, no and too tough to understand.
What you have to learn is to fold early when the odds are against you, or if you have a big edge, back it heavily because you don’t get a big edge often. Opportunity comes, but it doesn’t come often, so seize it when it does come.
All intelligent investing is value investing – acquiring more than you are paying for. You must value the business in order to value the stock.
Spend each day getting a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most people get what they deserve.
Without numerical fluency, in the part of life most of us inhabit, you are like a one-legged man in an ass-kicking contest.
It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it – who look and sift the world for a mispriced bet – that they can occasionally find one.
Determine value apart from price; progress apart from activity; wealth apart from size.
It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles.
If people are not laughing at your goals, your goals are too small.
What do you need to start a business? Three simple things: Know your product better than anyone. Know your customer, and have a burning desire to succeed.
Don't look back – forward, infinite energy, infinite enthusiasm, infinite daring,and infinite patience – then alone can great deeds be accomplished
Everybody has a dream, but not everybody has a grind.
Monday, I grind. Tuesday, I grind. Wednesday, I grind. Thursday, I grind. Friday, I grind. Saturday, I grind. Sunday, I grind. And, that’s why I’m here today.
Expect the best. Prepare for the worst. Capitalize on what comes.
I am not a product of my circumstances. I am a product of my decisions.
You may be disappointed if you fail, but you are doomed if you don’t try.
Don’t watch the clock; do what it does. Keep going.
Patience, persistence and perspiration make an unbeatable combination for success.
Everyone has talent. What is rare is the courage to follow the talent to the dark place where it leads.
Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best you are capable of becoming.