Wise words

  • 100% of the information you have about a company represents the past, and 100% of the value depends on the future.

  • A cynic is he who knows the price of everything and the value of nothing.

  • A lack of planning on your part does not constitute and emergency on my part.

  • An investment in knowledge pays the best interest.

  • Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.

  • Do unto others as you would have them do unto you.

  • Don't fixate on what could have been. Fixate on what could be.

  • If you can't explain it simply, you don't understand it well enough.

  • If you don’t find a way to make money while you sleep you will work until you die.

  • If you don’t take a stand for something, you’ll fall for anything.

  • If you don't understand it don't invest.

  • If you fail to plan, you are planning to fail.

  • If you want to invest 100 you should invest 10,000. This will highlight the bad ideas.

  • It's about time in the markets, not timing the markets.

  • It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

  • It's only when the tide goes out that you learn who has been swimming naked.

  • Keep it simple.

  • Know what you own, and know why you own it.

  • Less is more.

  • Remember, you only lose if you sell.

  • The biggest risk of all is not taking one.

  • The market is a device for transferring money from the impatient to the patient.

  • There is no faster way to lose money than to be in a hurry to make money.

  • You can avoid reality, but you cannot avoid the consequences of avoiding reality.

  • You can't buy time spend it wisely.

  • Your first loss is your best loss.