Be Brave When Others Are Afraid, And

Nevertheless, As Circumstances Presently Appear, I Feel Substantially Greater Size Is More Likely To Harm Future Results Than To Help Them. This Might Not Be True For My Own Personal Results, But It Is Likely To Be True For Your Results.

I Lose Confidence In Other People, All Kinds Of Institutions.

A Low-cost Index Fund Is The Most Sensible Equity Investment For The Great Majority Of Investors. My Mentor, Ben Graham, Took This Position Many Years Ago, And Everything I Have Seen Since Convinces Me Of Its Truth.

You Don't Want 300 Million Americans Putting Their Money Under The Mattress.

It Is Better To Point Out Your Own Mistakes Than Have Somebody Else Do It.