Like to have a catalyst - reduces dependence on the market: Distressed debt inherently has a catalyst - maturity.

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 Occident has never found it easy to grasp the strange netherworld of spirits that followers of Islam universally believe exist in a realm overlaid our own.

Celebrate your life, this is your only life.

Even in the worst tragedies and crisis, there’s no reason to add to everyone’s misery by looking miserable yourself.

It is necessary to be focused. This is the raison d'etre of career.

Oneness means that as awareness, your relationship with knowing is clean. Then for you to know is for you to be.

Personally, I am a hedonistic reader; I have never read a book merely because it was ancient. I read books for the aesthetic emotions they offer me, and I ignore the commentaries and criticism.

A writer who presents men and women as creatures truncated below the waist is exposed as one who goes about without his trousers saying, 'see, I have had my testicles removed.

The thing that is my main focus is my family. More than anything, I want to be a good husband to my wife and a good father to my kids.

Cars and women are a lot alike. They lie about the milage.

It's fun to talk about heaven, about the throne of God and Jesus and Pop and the daughter we thought we had lost but will meet again someday. But it's not fun to talk about how we got there.