Individuals who cannot master their emotions are ill-suited to profit from the investment process.

It is absurd to think that the general public can ever make money out of market forecasts.

Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you know your judgment is sound, act on it – even though others may hesitate or differ.

Obvious prospects for physical growth in a business do not translate into obvious profits for investors.

When somebody asserts that a stock has an earning power of so much, I am sure that the person who hears him doesn't know what he means, and there is a good chance that the man who uses it doesn't know what it means.

To be an investor you must be a believer in a better tomorrow.