Be fearful when there is greed and be greedy when there is fear.

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

Good big decisions do not take time at all, if they do you are in trouble.

The ability to say no is a tremendous advantage for an investor.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

The rich invest in time, the poor invest in money.