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

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

The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

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.

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

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