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.

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.

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.

There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's a hold, and at another it's a sell.

You haven't learned anything until you learn to learn everything.

I closed my eyes during a flute solo, wishing I could wrap the silvery sound around me like armor.

even there a shining is flowing from all the stonesthough the eyes are not yet made that can see it

Two hands working can do more than a thousand clasped in prayer.

If you've never had a mother or a father, you grow up seeking something you're never going to find, ever. You seek it in love and in people and in beauty.

there is no fanatic like a religious fanatic.

I am known by many names, but you may call me...Tim.

The other countries did not share the same concern the United States had in the early '90's - that North Korea actually had an ongoing nuclear weapons program.

I know I would not be able to work one week if it were not for that continual force coming from Jesus in the Blessed Sacrament.

All I have to do is think and not be influenced by others.