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

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

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.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

The greater the potential for reward in the value portfolio, the less risk there is.

It's not that I want money. It's the fun of making money and watching it grow.