Many investors prefer comfort, chasing what is popular and loved, rather than pursuing what is out of favor. The markets do not reward comfort.

The best investment opportunities are often scary.

The most treasured asset in investment management is a steady hand at the tiller.

Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Successful contrarian investing requires us to live with discomfort, for being "wrong" and alone. But bargains do not exist in the absence of fear.

History teaches that when valuations are extreme, "mean reversion," a move towards historical norms, is likely. Once value stocks turn, the recovery can be fast and intense.

Design a portfolio you are not likely to trade... akin to premarital counseling advice; try to build a portfolio that you can live with for a long, long time.

Whatever is cheap became cheap by treating us badly in the past, but is priced to deliver superior returns.

Diversify. But carve out 10 to 20 percent for the most unloved part of the market: emerging markets value.

Working too hard can give you a heart-attack.

Stand-up is the kind of gig that'll show you where you're at.

The effort must be total for the results to be meaningful.

I have another Russian idea, too, with a place and a period, so I guess I have enough to keep me busy for quite some time, especially considering that I'm such a slow writer.

Awe is the beginning of wisdom. Awe is the beginning of education.

It is a maxim that will endure: To truly know the living God, this begets humility.

I'm very good at the past. It's the present I can't understand.

Well, the nice thing about animation, you don't even really have to account for yourself. All of the physical stuff that you work on as an actor, you just throw away.

My absolute favorite movie of all time is Pink Floyd's 'The Wall.' Nothing compares to it. I have seen it thousands of times and still watch it every few weeks.

Next to the pleasure of finding a new mistress is that of being rid of an old one.