If we mix only a moderate minority share of turds with the raisins each year, probably no one will recognize what will ultimately become a very large collection of turds.

The best thing a human being can do is to help another human being know more.

Intelligent people make decisions based on opportunity costs.

Mimicking the herd invites regression to the mean.

I did not succeed in life by intelligence. I succeeded because I have a long attention span.

The big money is not in the buying and selling ... but in the waiting.

Great investing requires a lot of delayed gratification.

When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.

A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.

Survival isn’t all there is to life

Men who try to understand the world without the help of children are like men who try to bake bread without the help of yeast.

It is not the posture of the body, but the attitude of the heart that counts when we pray . . . The important thing is not the position of the body but the condition of the soul.

The harder you try to become the opposite of your parents, the more quickly you become them.

Davis is a literargy dyspeptic who had more ink than blood in his veins, an intriguer, buys with private enmities.

I have no mouth. And I must scream.

I don't know what my limitations are until I reach them. I look for the challenge.

The only kind of water that should fly through the air is rain.

Remember that you are a Black Swan.

The official strategy is defensive pessimism, always.