"What the wise do in the beginning, fools do in the end."

"The investor of today does not profit from yesterday's growth."

"Keep things simple and don't swing for the fences. When promised quick profits, respond with a quick 'no'."

"You can't produce a baby in one month by getting nine women pregnant."

"Success in investing doesn't correlate with I.Q. What you need is the temperament to control the urges that get other people into trouble."

"The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective."

"Investing is simple, but not easy."

"Chains of habit are too light to be felt until they are too heavy to be broken."

"If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy."

"Time is the friend of the wonderful company, the enemy of the mediocre."

"Why not invest your assets in the companies you really like? As Yogi Berra said, 'A nickel ain't worth a dime anymore."

"It is not necessary to do extraordinary things to get extraordinary results."

"Predicting rain doesn't count. Building arks does."

"The difference between successful people and really successful people is that really successful people say no to almost everything."

"You only have to do a very few things right in your life so long as you don't do too many things wrong."