We expect a great man to be a good reader.
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
If you don't find a way to make money while you sleep, you will work until you die.
The best investment you can make, is an investment in yourself. . . The more you learn, the more you'll earn.
Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two.
If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
The value of the security analyst to the investor depends largely on the investor's own attitude. If the investor asks the analyst the right questions, he is likely to get the right or at least valuable answers.
Irrational beliefs are culturally accepted delusions.
When I look at what a writer owes to the reader, it's critical to know that everything you're writing about is not made up in your head. I feel that unless you can document and be certain about what it is that you're writing about, the reader is going to lose faith in your own integrity.
I’m not a cuckoo, either. I’m a fool is what.