Price is what you pay. Value is what you get.
( Warren Buffett )
Wall Street people learn nothing and forget everything.
( Benjamin Graham )
Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.
( Warren Buffett )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
( Charlie Munger )
The first rule of investment is: Don’t Lose. And the second rule of investment is: Don’t forget the first rule.
( Warren Buffett )
Optimism means expecting the best, but confidence means knowing how to handle the worst.
( Max Gunther )