I think the exercise of trying to figure out how to simplify concepts has been incredibly helpful to me over the last 13 years of teaching and I hope my students have benefited from it.

Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.

The secret to investing is to figure out the value of something - and then pay a lot less.

Here is part of the tradeoff with diversification. You must be diversified enough to survive bad times or bad luck so that skill and good process can have the chance to pay off over the long term.

The more confidence I have in each one of my stock picks, the fewer companies I need to own in my portfolio to feel comfortable.

Look down, not up, when making your initial investment decision. If you don’t lose money, most of the remaining alternatives are good ones.

Remember, it’s the quality of your ideas not the quantity that will result in the big money.

If I plug my estimates into the Magic Formula, and it comes out cheap, that's good.

Figure out what something is worth and pay a lot less.

If you spend your energies looking for and analysing situations not closely followed by other informed investors, your chance of finding bargains greatly increases.

I wait until an investment idea is so good, it hits me over the head like an anvil.

Grandparents are extremely rich folks with silver in their hair and gold in their hearts.

For a person to be truly discipled and growing in their faith, they need more than one person discipling them.

Your heart is free now." "No," he whispered. "It's yours.

Astrology is not an art, it is a disease.

Why dost thou complain of this world? It detains thee not; thy own cowardice is the cause, if thou livest in pain.

Food of Acheron. (Grave.) [Lat., Pabulum Acheruntis.]

I belong where you belong

In great groups, the right people always have the right job.

I see myself as an instrument of the Almighty and go on my way, regardless of transient opinions and views.

Only necessity understood, and bondage to the highest is identical with true freedom.