I believe the only things that really matter in investing are the bubbles and the busts

You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy?

Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions.

The individual is far better-positioned to wait patiently for the right pitch while paying no regard to what others are doing, which is almost impossible for professionals.

Although value is a weak force in any single year, it becomes a monster over several years. Like gravity, it slowly wears down the opposition.

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

Volatility is a symptom that people have no idea of the underlying value.

Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes.

By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy.

The pure administration of Graham-and-Doddery really needs a long-term lock-up like Warren Buffett has, or it will have occasional quite dreadful client problems.

Modern agriculture has been accurately described as a way of turning oil into food. As the price of oil continues to rise, so will the price of food.

That's so cute! They have birdbaths in the church!

Stop assuming I don't have any emotions. My inner thoughts might not be easily seen on my face. I do think and feel.

You might be a fairy tale leprechaun man but at the heart of it you're still a man who won't talk about anything.

I'm not afraid of being thought of as someone who is associated with film music. Why not? If it's a good song, what does it matter?

Please act in and through me. Please let my love increase, if it is your will. I feel that's the right thing; but even if it's not the right thing, I'm willing to abide by your judgment.

Competition got me off the farm and trained me to seek out challenges and to endure setbacks; and in combination with my faith, it sustains me now in my fight with Alzheimer's disease.

Honour sinks where commerce long prevails.

If you surround yourself with talented people and you give them the freedom to achieve, then the work will never fail.

I'd seen weirder things than a haunted shoe, but not many.

There is no more powerful advocate than a parent armed with information and options.