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

Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ.

Most great investments begin in discomfort.

To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be accurate.

Investing is about understanding the future and betting on it.

The best investments are those that are misunderstood by the market.

Investing is about finding great businesses at cheap prices.