I don't measure my life by the money I've made. Other people might, but certainly don't.

You could be somewhere where the mail was delayed three weeks and do just fine investing.

An investor needs to do very few things right as long as he or she avoids big mistakes.

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

Turnarounds seldom turn.

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.

Lethargy, bordering on sloth should remain the cornerstone of an investment style.