Pessimism is an emotion not a philosophy.
In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the factor of long-term growth or decline
Investing isn't about beating others at their game. It's about controlling yourself at your own game.
The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.
Losing some money is an inevitable part of investing, and there's nothing you can do to prevent it. But to be an intelligent investor, you must take responsibility for ensuring that you never lose most or all of your money.
A great company is not a great investment if you pay too much for the stock.
Successful investing is about managing risk, not avoiding it.
The public has no power. The government knows I'm not a criminal. The parole board knows I'm not a criminal. The judge knows I'm not a criminal.
Nobody had ever told me that anything could be like this.
Do my eyes deceive me, or is Senna's Lotus sounding rough?
This violence is so pervasive. We see it in our schools, where we have more security guards now than teachers. We see it in California where more prisons are being built than colleges. It goes on and on. We see it in a trillion-dollar war budget, politics becoming an extension of war rather than vice versa. This violence is like a fog. It covers everything.