"If history was all there was to the game, the richest people would be librarians."

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

"Wide diversification is only required when investors do not understand what they are doing."

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

"Our favorite holding period is forever."

"If you cannot control your emotions, you cannot control your money."

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

"You've gotta keep control of your time, and you can't unless you say no. You can't let people set your agenda in life."

"Someone's sitting in the shade today because someone planted a tree a long time ago."

"Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard."

"If you don't find a way to make money while you sleep, you will work until you die."