The intelligent investor shouldn't ignore Mr. Market entirely. Instead, you should do business with him- but only to the extent that it serves your i….
An intelligent investor gets satisfaction from the thought that his operations are exactly opposite to those of the crowd..
Investing is for wealth preservation, not wealth creation, so first you have to make wealth..
The world belongs to optimists; the pessimists are only spectators..
I lived and languished..
I remember when being liberal meant being generous with your own money..
I don't see the point in working just to be working..
To see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC)..
In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the ….
The only thing you should do with pro forma earnings is ignore them..
Mr. Market's job is to provide you with prices; your job is to decide whether it is to your advantage to act on them. You no not have to trade with h….
Buy not on optimism, but on arithmetic..
As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him..
Traditionally the investor has been the man with patience and the courage of his convictions who would buy when the harried or disheartened speculato….
Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed..
The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basi….
No statement is more true and better applicable to Wall Street than the famous warning of Santayana: "Those who do not remember the past are condemne….
Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general..
The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is….
So if we are really concerned about generating more taxes, we ought to be investing in our people, not taking away the kinds of resources that contri….
We're extremely young and have the potential to be anything that we want to be..