I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'

Patience is a crucial but rare investment commodity.

Psychology is probably the most important factor in the market - and one that is least understood.

Experience teaches us that when "everyone" comes to the same conclusion, that conclusion is just about always wrong.

Investors repeatedly jump ship on a good strategy just because it hasn't worked so well lately, and, almost invariably, abandon it at precisely the wrong time.

If you have good stocks and you really know them, you'll make money if you're patient over three years or more.

Favored stocks underperform the market, while out-of-favor companies outperform the market, but the reappraisal often happens slowly, even glacially.

One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks.

Bank One has got one of the best credit card divisions, ... The perception of investors is that financial services stocks are affected by interest rates and they're not.

History constantly reminds us that in an uncertain world there is no visibility of prospects. Future earnings cannot be predicted with accuracy.

A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms.

A New Year brings new grace for new accomplishments.

It is pretty hard to tell what does bring happiness

Write and your experiences with others. Never underestimate your writings. It can bring hope and inspiration to many people.

I love Christopher Bailey and Burberry, Mulberry for bags, and Hudson for jeans.

I've never voted. I've never voted yet although I could have voted for the last ten years.

Diversity is not a virtue. Diversity is a good only to the extent that it advances other virtues, justice or inclusiveness of others who have previously been excluded.

Hollywood is a small, familial place. Everyone does business with everybody else. The same complications occur in investment banking.

I believe that incentivized prizing is the best solution to help unlock the answers to the some of the profound problems that plague our planet.

Reflection and action must never be undertaken independently.

At stake are two different visions of faith, the Church of Caesar, powerful and rich; and the Church of Christ - loving, poor and spiritually rich.