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

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.

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.

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.

Amor Fati – “Love Your Fate”, which is in fact your life.

Sadly, I hate foreigners. And Americans. And animals. And flora, and some fauna. Also the magma that is the very core of this our mother earth. I'm full o' hate!

Whether you are 16 or 60, it is never too late to make your life better.

The child's laughter is pure until he first laughs at a clown.

We're willing to move pretty far on this issue, we're much more tolerant than we used to be, but don't mix it up with religion and God.

I should favour anything that would increase the present enormous authority of women and their creative action in their own homes. The average woman...is a despot; the average man is a serf.

Lord, help me to see what comes my way as an opportunity instead of an inconvenience.

Faith is a gateway to happiness that remains permanently accessible to each of us, wherever we are, no matter our circumstances.

Small things have a way of overmastering the great. This small press can destroy a kingdom.

It is a little known fact that much like birds, who can always find north, knitters can always find yarn.