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What counts for most people in investing vs saving is not how much they know, but rather how realistically they define what they don’t know.

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Success in investing doesn’t correlate with IQ

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You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

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An investor should act as though he had a lifetime decision card with just twenty punches on it.

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The stock market is designed to transfer money from the active to the patient.

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Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one-night stands a romantic.

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All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.

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Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.

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Time is the friend of the wonderful company, the enemy of the mediocre.

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

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