I think markets will never be efficient because of human nature.

The single greatest edge an investor can have is a long-term orientation.

Value investing is at its core the marriage of a contrarian streak and a calculator.

Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.

The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.

In reality, no one knows what the market will do; trying to predict it is a waste of time, and investing based upon that prediction is a speculative undertaking.

Investment success cannot be captured in a mathematical equation or a computer program.

Patience and discipline can make you look foolishly out of touch until they make you look prudent and even prescient

The near absence of bargains works as a reverse indicator for us. When we find there is little worth buying, there is probably much worth selling.

As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.

The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent.

The role of a story was, in the broadest terms, to transpose a single problem into another form. ... It was like a piece of paper bearing the indecipherable text of a magic spell.

[E]very journey is played out between standstill and flight.

An atheist is a man who believes himself an accident.

The poetry of fashion lies in the creation of illusion

Artists like cats; soldiers like dogs.

I had no desire to be in the movies. All my training had been in the theater, thank God.

Since you knew they was goin' to cheat you anyway, I recorded under any name with all of 'em.

If I have a girlfriend, I don’t bring her to flaunt her. She doesn’t get to reap the benefits of me being famous.

To blossom forth, a work of art must ignore or rather forget all the rules.

We talked [with Scott Derrickson] about making it kind of muscular and practical. Yeah it's a fantasy but what's the difference between fantasy and reality really?