Time is the friend of the wonderful company, the enemy of the mediocre.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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

If past history was all there was to the game, the richest people would be librarians.

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

I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.