The smartest side to take in a bidding war is the losing side.

Warren Buffett

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

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.

I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.

There seems to be some perverse human characteristic that likes to make easy things difficult.

Our favorite holding period is forever.

Dalai LamaSpiritual Leader

Elon MuskBusinessman