The prevailing view has been that the market will earn a high rate of return if the holding period is long enough, but entry point is what really matters.

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.

Read – and be curious. And if somebody says to you: 'Things are this way. You can't change it' - don't believe a word.

The best slave is the one who thinks he is free.

A lot of amazing comedians that I've worked with just really follow their instincts and you can't really teach someone comedic timing. And you just kind of have it.

The possession and the enjoyment of property are the pledges which bind a civilised people to an improved country.

Obsessions turn people off.

When she lives at his palace, the maiden niece of a bishop can pass for a respectable woman because, if she has a love affair, she is obliged to hoodwink her uncle.

When we sincerely turn to God, we will find that His church always moves forward, not backward

To me, the most telling thing is we have a man [Donald Trump] who cannot complete a sentence.

You don't wear stuff for other people; you've got to wear it for yourself.

It’s one of my loose theories that Catholicism and art have gone well together because both believe in the physical manifestation of the spiritual world.