Investors operate with limited funds and limited intelligence: they do not need to know everything. As long as they understand something better than others, they have an edge.

Don't ever, ever, believe anyone who tells you that you can just get by, by doing the easiest thing possible. Because there's always somebody behind you who really wants to do what you're doing. And they're going to work harder than you if you're not working hard

The ancient Greek dramatist Euripides said, 'The best of seers is he who guesses well.

Never mingle your speculative and investment operations in the same account, nor in any part of your thinking.

If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.

I made a fortune getting out too soon.