When we invest in an asset-rich but low-returning business, time may be working against us.

Famed value investor Guy Spier has managed to write what is both a gripping memoir and a fascinating study of what it takes to succeed in investing and life. A must read!

It seems unwise to allocate a large portion of investable capital to any one deep value opportunity, even if the latter promises a large expected return.

Happy people are those who use a lower threshold in order to label an event positive.

When a beggar asks us for a quarter, our instinct is to say that the State has already confiscated our quarter for his benefit, and he should go to the State about it.

A simple but radical spiritual practice is to accept whatever arises in the Now, within and without.

What we do belongs to what we are; and what we are is what becomes of us.

I felt quite a responsibility when I played Elizabeth I but nobody here remembers her! And then I felt a responsibility when I played Queen Victoria but not many people remember her.

Growth is transcending yourself, your habitual self, which is none other than ego.

No one should teach who is not in love with teaching.

It is very hard now to shock people into thinking about government regulation and the extent of government involvement in life.

I remember when I was a private soldier. I remember the days when I was taken care of and when I was not taken care of.

A clear rejection is always better than a fake promise.