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.