We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must.

It's an opportunity to buy more... The one piece of advice I would categorically give everybody is: For God’s sake, don’t stop a program of regular investing because the market goes down. You’re killing the whole value of dollar-cost averaging.

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.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.