The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

Commodities tend to zig when the equity markets zag.

You will never get anywhere if you do not do your homework.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

I cannot invest the way I want the world to be; I have to invest the way the world is.

Most successful investors, in fact, do nothing most of the time.

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

If you want to make a lot of money, resist diversification.

The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.

Don’t go around saying the world owes you a living. The world owes you nothing. It was here first.

This is one of those things that you can never explain to anyone

I mean the whole thing about meditation and yoga is about connecting to the higher part of yourself, and then seeing that every living thing is connected in some way.

Scholars are wont to sell their birthright for a mess of learning.

It's a strange thing, we think that law brings order. Law doesn't. How do we know that law does not bring order? Look around us. We live under the rule of law. Notice how much order we have?

Your spirit lives on in your work. YOU decide what manner of work that will be.

I've got 50 different tunings in the guitar.

I'd like to live off the band, but if not, I'll just retire to Mexico or Yugoslavia with a few hundred dollars, grow potatoes, and learn the history of rock through back issues of Creem magazine.

You get in before sunrise and you get out after sunset and you go home, eat and collapse. While you're aware of the ratings, you aren't prepared for the response of the fans.

A house is built of logs and stone, of tiles and posts and piers; a home is built of loving deeds that stand a thousand years.