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Cash combined with courage in a time of crisis is priceless.

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

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.

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

The investor of today does not profit from yesterday's growth.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices.

The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.