We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors... we have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.

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Someone is sitting in the shade today because someone planted a tree a long time ago.

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Life is like a snowball. The important thing is finding wet snow and a really long hill.

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Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

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In the business world, the rearview mirror is always clearer than the windshield.

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I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.

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The difference between successful people and really successful people is that really successful people say no to almost everything.

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You only have to do a very few things right in your life so long as you don't do too many things wrong.

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Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.

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It�s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you�ll drift in that direction.

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