The only value of stock forecasters is to make fortune tellers look good.

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

Our favorite holding period is forever.

Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

If a business does well, the stock eventually follows.