The stock market is a giant distraction to the business of investing..

Successful investing is about owning businesses and reaping the huge rewards provided by the dividends and earnings growth of our nation's - and, for….

Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains..

Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture..

Your success in investing will depend in part on your character and guts, and in part on your ability to realize at the height of ebullience and the ….

Learn every day, but especially from the experiences of others. It's cheaper!.

The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the market goes down, we think it's going….

The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor..

Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it forever and enjoys the returns that U.S.….

In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses..

I will create value for society, rather than extract it..

The mutual fund industry has been built, in a sense, on witchcraft..

The courage to press on regardless - regardless of whether we face calm seas or rough seas, and especially when the market storms howl around us - is….

Reversion to the mean is the iron rule of the financial markets..

I believe - deeply and profoundly - that speculation is a loser's game..

It's very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is, "rev….

The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny bus….

Rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries: common sense, thrift, realistic expectations, pati….

Don't look for the needle in the haystack. Just buy the haystack!.

It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it..

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks..