Many progressive economists insist that gold is now in essentially the same position as silver and that the arguments the simon-pure gold advocates u….

Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the….

Successful investing is about managing risk, not avoiding it..

Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when stocks are going up, he happily….

A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not ….

Since we have emphasized that analysis will lead to a positive conclusion only in the exceptional case, it follows that many securities must be exami….

Nearly everyone interested in common stocks wants to be told by someone else what he thinks the market is going to do. The demand being there, it mus….

The investor's primary interest lies in acquiring and holding suitable securities at suitable prices..

The ideal form of common stock analysis leads to a valuation of the issue which can be compared with the current price to determine whether or not th….

It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buye….

It must be fundamentally wrong to reduce production of food and fiber while one-third of our population is still ill fed and ill clothed..

Unusually rapid growth cannot keep up forever; when a company has already registered a brilliant expansion, its very increase in size makes a repetit….

Never mingle your speculative and investment operations in the same account nor in any part of your thinking..

The value of any investment is, and always must be, a function of the price you pay for it..

The Reservoir plan is an engineering mechanism applied to the field of economics, and in its essence it has nothing to do with democracy or any other….

Only in the exceptional case, where the integrity and competence of the advisers have been thoroughly demonstrated, should the investor act upon the ….

If fees consume more than 1% of your assets annually, you should probably shop for another adviser..

Always remember that market quotations are there for convenience, either to be taken advantage of or to be ignored..

The stock market resembles a huge laundry in which institutions take in large blocks of each others washing ... without rhyme or reason..

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambi….

The intelligent investor should recognize that market panics can create great prices for good companies and good prices for great companies..